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Includes 1107, 1109, 1111, 1113 + 1113A 1107 Paola St 31,956 SF 85% Leased Flex Building Statesville, NC 28677 $1,475,000 ($46.16/SF) 8% Cap Rate



EXECUTIVE SUMMARY
Located just minutes from Downtown Statesville, I-77 and I-40, this building contains five separate units with four currently leased with an available office space at 1113 Paola Street - a move-in ready option. The property sits on a quiet street with ample on-site parking and easy access to major corridors.
The vacant suite includes a private entrance, reception area private offices and open workspace. Ideal for service providers consultants, medical professionals or small teams looking for an independent office location in a growing community.
* Convenient Location
* Office Business or Professional Use
* In place rental income
* Retail
* Light Industrial and manufacture Use Warehouse
The vacant suite includes a private entrance, reception area private offices and open workspace. Ideal for service providers consultants, medical professionals or small teams looking for an independent office location in a growing community.
* Convenient Location
* Office Business or Professional Use
* In place rental income
* Retail
* Light Industrial and manufacture Use Warehouse
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
UTILITIES
- Lighting
- Water
- Sewer
- Heating
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- 1107 Paola Tenant
- -
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- 1113-B Paola Tenant
- -
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| 1107 Paola Tenant | - | - | $9.99 | Lorem Ipsum | Jan 0000 | |
| 1113-B Paola Tenant | - | - | $9.99 | Lorem Ipsum | Jan 0000 |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Unit 1113-A - Available 1,286-4756 SF: $6/sqft First Floor 1,286 SF (office) Mezzanine 393 SF (office) Second Floor 3,077 SF (storage)
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 1,286-4,756 SF | Flex | Full Build-Out | Now |
1st Floor
| Size |
| 1,286-4,756 SF |
| Space Use |
| Flex |
| Condition |
| Full Build-Out |
| Available |
| Now |
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Floor
| Size | 1,286-4,756 SF |
| Space Use | Flex |
| Condition | Full Build-Out |
| Available | Now |
Unit 1113-A - Available 1,286-4756 SF: $6/sqft First Floor 1,286 SF (office) Mezzanine 393 SF (office) Second Floor 3,077 SF (storage)
1 1
PROPERTY TAXES
| Parcel Number | 4734-44-6837.000 | Improvements Assessment | $360,420 |
| Land Assessment | $40,500 | Total Assessment | $400,920 |
PROPERTY TAXES
Parcel Number
4734-44-6837.000
Land Assessment
$40,500
Improvements Assessment
$360,420
Total Assessment
$400,920
1 of 14
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
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Includes 1107, 1109, 1111, 1113 + 1113A | 1107 Paola St
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