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500 West St
Spindale, NC 28160
Rutherford Business Center · Office Property For Sale
Investment Highlights
- Class A Office Building, natural light, 3 acres, plenty of parking. Close to schools, shopping, highways
- USDA Leasing First Floor with 5 year lease in place.
- Modern HVAC with zoned Climate Control
- Located in the Foothills of North Carolina -within 1 hour of Charlotte, Asheville, Greenville, SC, and Hickory. Beautiful place to live and work.
- High Speed internet in place, Average Daily Traffic count of 14, 000+ vehicles per day per NCDOT
- 6.44 % CAP rate with projected NOI of $145k
Property Facts
Property Type
Office
Building Size
11,809 SF
Building Class
A
Year Built/Renovated
1987/2015
Percent Leased
83%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,905 SF
Slab To Slab
10’
Building FAR
0.08
Lot Size
3.50 AC
Zoning
HC-1 - Commercial
Parking
120 Spaces (10.16 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Conferencing Facility
- Security System
- Kitchen
- Central Heating
- Fully Carpeted
- High Ceilings
- Natural Light
- Partitioned Offices
- Reception
- Drop Ceiling
- Wi-Fi
- Air Conditioning
Property Taxes
| Parcel Number | 1646373 | Improvements Assessment | $843,400 |
| Land Assessment | $240,000 | Total Assessment | $1,083,400 |
Property Taxes
Parcel Number
1646373
Land Assessment
$240,000
Improvements Assessment
$843,400
Total Assessment
$1,083,400
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