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Former Asher-McAdams Pharmacy 305 Trollinger St 2,300 SF 100% Leased Flex Building Burlington, NC 27215 $275,000 ($119.57/SF) 5.24% Cap Rate

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Executive Summary

305 Trollinger:
-2,300 square foot commercial space
-Tennant has one year remaining on lease, with option to stay. Established business.
-Recently renovated:
--TPO Roof (2020)
--Gas Pack (2020)
--New Exterior Store Front Glass/Doors
--Updated Electrical w/LED fixtures throughout
--Updated interiors
-3 Phase power
-5kW Generator
-Rollup Garage Doors

Attachments

305Trollinger

Property Facts

Price $275,000
Price Per SF $119.57
Sale Type Investment
Cap Rate 5.24%
Property Type
Flex
  • Flex Light Manufacturing
  • General Retail Storefront
  • General Retail Storefront Retail/Office
Building Class B
Lot Size 0.11 AC
Rentable Building Area 2,300 SF
No. Stories 1
Year Built 1930
Parking Ratio 1.73/1,000 SF
Zoning B 1 - zoning in North Carolina is a zoning district for neighborhood businesses and commercial centers

Property Taxes

Property Taxes

Parcel Number
125734
Land Assessment
$14,440
Improvements Assessment
$55,228
Total Assessment
$69,668
  • Listing ID: 39728099

  • Date on Market: 3/10/2026

  • Last Updated:

  • Address: 305 Trollinger St, Burlington, NC 27215

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