1105 Spruce St
Belmont, NC 28012
Building 3 · Office Property For Sale

Two Condo (office/medical) portfolio in Sterling Professional Park totaling 6077 SF. Tenants are Azura Medical Spa of Charlotte and Carolina Digestive Health Associates. 2-3 years remaining on initial term with both leases including two five year options. $118,500 NOI with leases below market rate/cost to build ensuring high likelihood of renewal or retenant at higher rates. 325 Unit Class A Apartment complex approved behind this complex and discussions to bring Light Rail from Charlotte down Wilkinson Blvd. Sterling Professional Park co-tenants include Atrium Health Urgent Care, Charlotte Eye Ear & Throat Associates, Belmont Dental, Belmont Pediatric Dentistry, McMahan Financial, Gaston Capital, Orthomed Flex and more.