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606 Signal Hill Drive Ext 7,321 SF 100% Leased Office Building Statesville, NC 28625 $895,000 ($122.25/SF) 8.47% Cap Rate
Investment Highlights
- 100% occupies with long term tenants
- Close proximity to I-77 and I-40
- 75% of property leased to Medical Supply company
Executive Summary
100% occupied Investment oppurtunity in growing Statesville market. MedicalSupply company occupies 75% of property. Investment opportunity is 7000 SF, 100% occupied, twotenants, large tenant healthcare service industry. Property is situated on .98 Ac site with 50 plus parking sites. Aro Care / Family Medical
supply occupies 5325 SF, visions Salon 1675 SF and hac been a longterm tenant. Annual rent is $81,648.00.
supply occupies 5325 SF, visions Salon 1675 SF and hac been a longterm tenant. Annual rent is $81,648.00.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
7,321 SF
Building Class
C
Year Built
1991
Price
$895,000
Price Per SF
$122.25
Cap Rate
8.47%
NOI
$75,832
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
2,440 SF
Building FAR
0.17
Lot Size
0.98 AC
Zoning
B2 - General Business District
Amenities
- Signage
- Storage Space
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Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 4755-12-1585.000 | Improvements Assessment | $313,180 |
| Land Assessment | $156,800 | Total Assessment | $469,980 |
Property Taxes
Parcel Number
4755-12-1585.000
Land Assessment
$156,800
Improvements Assessment
$313,180
Total Assessment
$469,980
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