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Office + 2.65acres 745 & 755 Cabarrus Ave 21,296 SF 100% Leased Office Building Concord, NC 28027 $1,500,000 ($70.44/SF)



EXECUTIVE SUMMARY
Office building located at a high profile location (Hwy 601 & Cabarrus Ave.) and just blocks from Hwy 29. Price includes 2 lots: ~2.65 ac. zoned C-2.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
21,296 SF
Building Class
B
Year Built
1979
Price
$1,500,000
Price Per SF
$70.44
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
8,065 SF
Slab To Slab
11’
Building FAR
0.18
Lot Size
2.65 AC
Zoning
C-2
Parking
34 Spaces (1.18 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
- Storage Space
1 1
PROPERTY TAXES
| Parcel Number | 5620-02-8732-0000 | Improvements Assessment | $74,080 |
| Land Assessment | $1,096,750 | Total Assessment | $1,170,830 |
PROPERTY TAXES
Parcel Number
5620-02-8732-0000
Land Assessment
$1,096,750
Improvements Assessment
$74,080
Total Assessment
$1,170,830
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Office + 2.65acres | 745 & 755 Cabarrus Ave
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