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16 N Trade St 7,546 SF Office Building Tryon, NC 28782 $499,000 ($66.13/SF)
EXECUTIVE SUMMARY
The current owner is willing to lease back 50% of the building!
3 Year Leaseback of approx. 3,766 SF:
- Entire basement of 2,516 SF at $500/month + separately metered utilities with 3% annual increases + pro rata share of Operating Expenses and taxes
- + Approximately 1,250 SF of office space in the front of the building on the 1 floor at $10/SF with 3% annual increases + a pro rata share of utilities, Operating Expenses and Taxes
3 Year Leaseback of approx. 3,766 SF:
- Entire basement of 2,516 SF at $500/month + separately metered utilities with 3% annual increases + pro rata share of Operating Expenses and taxes
- + Approximately 1,250 SF of office space in the front of the building on the 1 floor at $10/SF with 3% annual increases + a pro rata share of utilities, Operating Expenses and Taxes
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
7,546 SF
Building Class
C
Year Built
1905
Price
$499,000
Price Per SF
$66.13
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
2,515 SF
Building FAR
2.17
Lot Size
0.08 AC
Zoning
M
1 1
PROPERTY TAXES
| Parcel Number | T8-B2 | Improvements Assessment | $549,197 |
| Land Assessment | $48,000 | Total Assessment | $597,197 |
PROPERTY TAXES
Parcel Number
T8-B2
Land Assessment
$48,000
Improvements Assessment
$549,197
Total Assessment
$597,197
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16 N Trade St
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