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Browse More Listings in Industrial For Sale, Charlotte, NC or North Carolina

Industrial Property For Sale

8000 Tower Point Drive

8000 Tower Point Drive, Charlotte, NC 28277

Price:
$1,250,000
Building Size:
10,484 SF
Price/SF:
$119.23
Property Type:
Industrial
Property Sub-type:
Flex Space
Property Use Type:
Net Lease Investment with 3 years left on lease
Commission Split:
3%
Cap Rate:
6.75%
Occupancy:
100%
No. Stories:
1
Tenancy:
Single
Year Built:
1997
Clear Ceiling Height:
16 ft.
No. Dock-High Doors/Loading:
1
No. Drive In / Grade-Level Doors:
2
Lot Size:
1.14 AC
Tax ID / APN #:
19308135
Find Out More...

Last Verified 11/5/2009 Listing ID 16106878

Description

Industrial Flex building at end of cul de sac in Crown Point Business Park, property is well maintained and is about 10 years old. Offered as an investment property, 8000 Tower Point Drive is occupied by a credit tenant with a successful and growing business(Distribution) with one three year NNN lease which began in December of 2008, and one three year option, with annual increases.

8000 Tower Point Drive is located in the Inner/Southeastern submarket of Charlotte, NC in the Crown Point Business Park between Monroe Road and Independence Boulevard.

Financial Summary

Major Tenant Information

Actual
Year
2009
Scheduled Gross Income
$94,915
Effective Gross Income
$94,915
Operating Expenses
$12,337
Net Operating Income
$82,578
Pre-Tax Cash Flow
$82,578

Tenant	SF Occupied	Lease Expired
Symcon Group	10,484	11/1/2012

Map of 8000 Tower Point Drive, Charlotte, NC 28277 (Mecklenburg County)

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Presented by

NMKT Commercial

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Contact Listing Broker

Jim McAuliffe (704) 618-2441

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Created 2/17/2009

Additional Information for 8000 Tower Point Drive, Charlotte, NC 28227

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 2 Historic Listings
Sales Comparables Available - 1 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Industrial Property For Sale - 8000 Tower Point Drive

8000 Tower Point Drive, Charlotte, NC, 28277