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Investment Highlights

  • Valuable frontage in front of high traffic volumes
  • Ample parking

2 Units Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 202
  • 1,953 SF
  • Office
  • $518,000 ($265.23/SF)
  • $28,492.87
Sale Type Investment or Owner User
Cap Rate 5.50%
Sale Notes
This well-maintained commercial office condo located off of the bustling Charlotte Highway offers a prime investment opportunity. The property features multiple private offices, a spacious conference room, a break room, and an open space layout, making it ideal for a variety of business needs. Currently tenant-occupied, this property provides a stable income stream with a 5.5% cap rate. The lease has 2.5 years remaining, with annual rent escalations of 3%, ensuring continued growth in rental income.

Don't miss out on this excellent investment opportunity in a thriving business community. Contact us today for more information or to schedule a viewing.
  • Unit 206
  • 1,952 SF
  • Office
  • $549,320 ($281.41/SF)
  • -
Sale Type Owner User
Description
Full modern office condo with 3 private offices, 2 bathrooms, conference room, break area, and open space for desks/cubicles. Corner unit with large windows providing natural light.
Unit Unit Size Condo Use Price NOI
Unit 202 1,953 SF Office $518,000 ($265.23/SF) $28,492.87
Unit 206 1,952 SF Office $549,320 ($281.41/SF) -

Unit 202

Unit Size
1,953 SF
Condo Use
Office
Price
$518,000 ($265.23/SF)
NOI
$28,492.87

Unit 206

Unit Size
1,952 SF
Condo Use
Office
Price
$549,320 ($281.41/SF)
NOI
-

Unit 202

Unit Size 1,953 SF
Condo Use Office
Price $518,000 ($265.23/SF)
NOI $28,492.87
Sale Type Investment or Owner User
Cap Rate 5.50%
Sale Notes
This well-maintained commercial office condo located off of the bustling Charlotte Highway offers a prime investment opportunity. The property features multiple private offices, a spacious conference room, a break room, and an open space layout, making it ideal for a variety of business needs. Currently tenant-occupied, this property provides a stable income stream with a 5.5% cap rate. The lease has 2.5 years remaining, with annual rent escalations of 3%, ensuring continued growth in rental income.<br> <br> Don&#39;t miss out on this excellent investment opportunity in a thriving business community. Contact us today for more information or to schedule a viewing.</li></ul>

Unit 206

Unit Size 1,952 SF
Condo Use Office
Price $549,320 ($281.41/SF)
NOI -
Sale Type Owner User
Description
Full modern office condo with 3 private offices, 2 bathrooms, conference room, break area, and open space for desks/cubicles. Corner unit with large windows providing natural light.</li></ul>

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 16,000 SF
Property Type Office
Property Subtype Office/Residential
Building Class B
Floors 2
Typical Floor Size 8,000 SF
Year Built 2005
Lot Size 1.23 AC
Parking Ratio 3.62/1,000 SF
Zoning CC - Commercial

Amenities

  • Signage
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Major Tenant Information Click Here to Access

TENANT SF Occupied LEASE END DATE
Kevin Sean Studios 99,999 SF SF Jan 0000
  • Listing ID: 31025514

  • Date on Market: 7/17/2024

  • Last Updated:

  • Address: 107 Kilson Dr, Mooresville, NC 28117

Contact the Sale Advisor

107 Kilson Dr - Brawley Commerce Center

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