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440-442 E Long Ave
Gastonia, NC 28054
Office Property For Sale


Investment Highlights
- Frontage to major street.
Executive Summary
This opportunity comes with 2 tenants. The owner is one of the tenants and would like to do a sale leaseback for at least 1 year. The owner is willing pay for gross amount of the lease back at closing.
Property Facts
Sale Type
Investment
Sale Condition
Sale Leaseback
Property Type
Office
Property Subtype
Medical
Building Size
4,480 SF
Building Class
C
Year Built
2001
Price
$895,000
Price Per SF
$199.78
Cap Rate
7.50%
NOI
$67,125
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
4,480 SF
Building FAR
0.16
Lot Size
0.64 AC
Opportunity Zone
Yes
Zoning
OFF01 - Office, Medical Office
Parking
18 Spaces (4.02 Spaces per 1,000 SF Leased)
Amenities
- Signage
Property Taxes
| Parcel Number | 104574 | Improvements Assessment | $373,350 |
| Land Assessment | $155,250 | Total Assessment | $528,600 |
Property Taxes
Parcel Number
104574
Land Assessment
$155,250
Improvements Assessment
$373,350
Total Assessment
$528,600
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