For Sale
$799,000
214 Klumac Rd Salisbury, NC 28144
High-Yield, 100% Occupied Office
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 137
Highlights
- $799,000 asking price for a stabilized Class B office building.
- 5,600 square feet, 100% occupied with two tenants, generating $53,926 in NOI and a 6.75% cap rate.
- Located in Salisbury, NC, a growing area within the Charlotte metro, offering below-market rents with no lease expirations until 2027.
- Convenient access to major highways (I-85, Hwy-29, Hwy-52, Hwy-601) and ample parking on a 0.47-acre lot.
- Adjacent 1.02-acre commercially zoned lot also available.
Property Details for 214 Klumac Rd
- Property type
- Office properties
- Square Feet
- 5,600 SF
- Class
- B
- Year Built
- 2005
- Lot Size (sq. ft)
- 20,473 SF
- Units
- 3
Location Insight
- City
- Salisbury
- County
- Rowan
- State
- North Carolina
- Latitude
- 35.65463404
- Longitude
- -80.48795089
Nearby Similar for Sale
FAQs
- What type of property is this?
- Office property - High-Yield, 100% Occupied Office
- Where is the office property located?
- The property is located at 214 Klumac Rd Salisbury, NC.
- What is the asking price?
- The asking price for this property is $799,000.
- What are key features of this property?
- This property features: $799,000 asking price for a stabilized Class B office building.; 5,600 square feet, 100% occupied with two tenants, generating $53,926 in NOI and a 6.75% cap rate.; Located in Salisbury, NC, a growing area within the Charlotte metro, offering below-market rents with no lease expirations until 2027.
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