100 E Central Ave 2,751 SF Specialty Building Offered at $487,000 at a 6.16% Cap Rate in Catawba, NC 28609

Sale conditions
Investment sale. Property offered as-is, subject to buyer’s due diligence. 10-31 Exchange. Existing USPS lease in place.
Strong single-tenant investment opportunity leased to the United States Postal Service at 100 E Central Ave in Catawba, NC. The current USPS lease began July 1, 2025, with annual rent of $35,019 during the initial five-year term, followed by two optional five-year renewal periods at increased rents of $38,500 and $42,350 annually. The property includes approximately 2,751 interior square feet on a 15,000-square-foot site, with approximately 10,250 square feet of exterior parking area. The lease structure provides a stable government tenant, no landlord-paid utilities, no property management expense, no lawn or parking lot maintenance expense, and reimbursement of real property taxes by USPS when applicable. Offered as an investment sale, with buyer to verify all lease terms, square footage, expenses, condition, and suitability during due diligence.