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720 W Main St 11,240 SF 67% Leased Office Building Jamestown, NC 27282 $985,000 ($87.63/SF) 6.05% Cap Rate
Investment Highlights
- Immediate in-place income
- Prominent street frontage with strong daily traffic counts
- Significant potential upside
Executive Summary
This beautiful property consists of six office spaces across three different buildings, a red building, a yellow building, and a green building. Four of the office spaces are leased, providing immediate in-place income, and two of are vacant, offering significant potential upside. The leased offices include a dentist office, a healthcare office, a law office, and a space used for social gatherings. This asset is well-suited for investors seeking a balanced profile of current yield and future growth potential. In-place NOI: $59,564.86.
Data Room Click Here to Access
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
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| Other Income |
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| Vacancy Loss |
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| Effective Gross Income |
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| Net Operating Income |
$99,999
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$9.99
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Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
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| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
11,240 SF
Building Class
C
Year Built/Renovated
1834/1982
Price
$985,000
Price Per SF
$87.63
Cap Rate
6.05%
NOI
$59,565
Percent Leased
67%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,620 SF
Building FAR
0.25
Lot Size
1.03 AC
Zoning
C - Commercial
Amenities
- Bus Line
- Signage
- Smoke Detector
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Ben Farmer Attorney
- Professional, Scientific, and Technical Services
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99,999 SF
- -
- -
Ben Farmer Attorney at Law is a legal practice based in Jamestown, North Carolina. The firm provides professional legal services and counsel to individuals and businesses, with experience in real estate transactions, legal documentation, and related legal matters. Operating from its Main Street office, the practice is dedicated to providing personalized legal representation and practical guidance to clients throughout the Greensboro–High Point region. [superpages.com], [mapquest.com]
- Buelleau
- Arts, Entertainment, and Recreation
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99,999 SF
- -
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Jan 0000
- Prosper Healthcare and Consulting
- Health Care and Social Assistance
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99,999 SF
- -
-
Jan 0000
- Ray Beshears DDS
- Health Care and Social Assistance
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99,999 SF
- -
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Ben Farmer Attorney | Professional, Scientific, and Technical Services | 99,999 SF | - | - | ||
| Buelleau | Arts, Entertainment, and Recreation | 99,999 SF | - | Jan 0000 | ||
| Prosper Healthcare and Consulting | Health Care and Social Assistance | 99,999 SF | - | Jan 0000 | ||
| Ray Beshears DDS | Health Care and Social Assistance | 99,999 SF | - | Jan 0000 |
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Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 0157745 | Improvements Assessment | $636,100 |
| Land Assessment | $224,300 | Total Assessment | $860,400 |
Property Taxes
Parcel Number
0157745
Land Assessment
$224,300
Improvements Assessment
$636,100
Total Assessment
$860,400
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Photos
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Street
Map
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Contact the Sale Advisor
720 W Main St