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303 Salisbury Ave 3,834 SF Office Building Albemarle, NC 28001 $749,000 ($195.36/SF) 6.86% Cap Rate
Executive Summary
Professional office building located in the shadow of Atrium Health Medical Center. Property is leased to Eye Care Centers of America, associated with National Vision Holdings, Inc. Stock symbol (EYE). Tenant pays .50% of CAM, T & Insurance. Lease document available for review to qualified interests.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
3,834 SF
Building Class
B
Year Built
1996
Price
$749,000
Price Per SF
$195.36
Cap Rate
6.86%
NOI
$51,415
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,834 SF
Building FAR
0.17
Lot Size
0.52 AC
Zoning
NBD - Neighborhood Business District
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Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 6548-01-18-9121 | Improvements Assessment | $388,429 |
| Land Assessment | $64,532 | Total Assessment | $452,961 |
Property Taxes
Parcel Number
6548-01-18-9121
Land Assessment
$64,532
Improvements Assessment
$388,429
Total Assessment
$452,961
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303 Salisbury Ave