Description
TWO CLASS B FREESTANDING BRICK EXTERIOR OFFICE BUILDINGS ON .837 OF AN ACRE LOCATED 1825 FEET SOUTH OF US HWY 74@180 MAJOR INTERSECTION, SHELBY, NORTH CAROLINA 28152 , ONE 1066 SQ. FT. BUILDING CURRENTLY LEASED TO NATIONAL STOCK BROKERAGE FIRM UNTIL YEAR 2025 WITH 2% ANNUAL RENT BUMPS ; ONE 880 SQ. FT. IMMACULATE OFFICE BUILDING LEASED TO TENANT ON 1 YEAR LEASE EXPIRING IN JUNE 2024 * CURRENT CAP RATE = 3.9% * .50 Acre of this property remains UNDeveloped, additional buildings may be built on this remaining level land. ALL paved asphalt parking. * NCDOT AVERAGE DAILY TRAFFIC FOR YEAR 2021 WAS 11,500 VPD IN FRONT OF THIS LOCATION *PLEASE SEE ATTACHED STILL PHOTOS
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0BEDS
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0.84ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Offered by Re/Max Select: 704-487-7653. Copyright 2023 Canopy MLS. All rights reserved.Description
TWO CLASS B FREESTANDING BRICK EXTERIOR OFFICE BUILDINGS ON .837 OF AN ACRE LOCATED 1825 FEET SOUTH OF US HWY 74@180 MAJOR INTERSECTION, SHELBY, NORTH CAROLINA 28152 , ONE 1066 SQ. FT. BUILDING CURRENTLY LEASED TO NATIONAL STOCK BROKERAGE FIRM UNTIL YEAR 2025 WITH 2% ANNUAL RENT BUMPS ; ONE 880 SQ. FT. IMMACULATE OFFICE BUILDING LEASED TO TENANT ON 1 YEAR LEASE EXPIRING IN JUNE 2024 * CURRENT CAP RATE = 3.9% * .50 Acre of this property remains UNDeveloped, additional buildings may be built on this remaining level land. ALL paved asphalt parking. * NCDOT AVERAGE DAILY TRAFFIC FOR YEAR 2021 WAS 11,500 VPD IN FRONT OF THIS LOCATION *PLEASE SEE ATTACHED STILL PHOTOS
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