For Sale
$475,000
16 Talbert Blvd Lexington, NC 27292
High-yield, multi-tenant retail investment.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 137
Highlights
- $475,000 asking price for a value-add retail investment opportunity.
- Multi-tenant property with two tenants, currently at 100% occupancy.
- 900-1300 square feet across two buildings, built in 1940 and 1958.
- $21,600 annual NOI, resulting in a 4.55% cap rate.
- 1.69-acre lot in Lexington, NC, zoned B, with APN: 11071000C0006, 11071000C0005A, 11071000C0005, 11071000C0004, 11071000C0003.
Property Details for 16 Talbert Blvd
- Property type
- Day care centers & nurseries, Retail properties
- Square Feet
- 900 SF
- Year Built
- 1940
- Buildings
- 2
- Lot Size (sq. ft)
- 73,616 SF
Location Insight
- City
- Lexington
- County
- Davidson
- State
- North Carolina
- Latitude
- 35.814542
- Longitude
- -80.247982
Nearby Similar for Sale
FAQs
- What type of property is this?
- Day care center & nursery - High-yield, multi-tenant retail investment.
- Where is the day care center & nursery located?
- The property is located at 16 Talbert Blvd Lexington, NC.
- What is the asking price?
- The asking price for this property is $475,000.
- What are key features of this property?
- This property features: $475,000 asking price for a value-add retail investment opportunity.; Multi-tenant property with two tenants, currently at 100% occupancy.; 900-1300 square feet across two buildings, built in 1940 and 1958.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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