Office Property For Sale - 13557 Steelecroft Parkway - For Sale

13557 Steelecroft Parkway, Charlotte, NC, 28273

 

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13557 Steelecroft Parkway - For Sale

13557 Steelecroft Parkway, Charlotte, NC 28273

13557 Steelecroft Parkway
  • $8,740,000
  • 34,000 SF
  • $257.06
  • Office
  • Medical Office
  • Net Lease Investment with 10+ years left on lease
  • 7.25%
  • 2
  • Single
  • Find Out More...
Last Verified  11/6/2009 Listing ID  16196035

Description

**

A freestanding, 34,000 SF building.

Building is ideally located along Highway 49, near the Highway 160 intersection in Southwest Charlotte.

Excellent street exposure.

Located within the mixed-use Steelecreek development and is next to a Harris Teeter Shopping Center.

Highly visible and very accessible, this property should prove to be an excellent real estate investment.

Lease Type: Full Service

Lease Term: 10 Years

Current Annual Rent: $834,360

Operating Cost Stop: $6.00 per SF. Tenant pays all expenses in excess of operating cost stop.

Current NOI: $630,360

C.A.P. Rate: 7.25

Escalations: 2.25 percent annual escalations

Sale Price: $8,694,620

**

Located along Highway 29, near the Highway 160 intersection in Southwest Charlotte.

Map of 13557 Steelecroft Parkway, Charlotte, NC 28273 (Mecklenburg County)

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Created 4/16/2009

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