Your email has been sent.
1000 Van Buren Ave 2,440 SF Flex Condo Unit Offered at $722,128 CAD in Indian Trail, NC 28079
Investment Highlights
- 18.5 Clear height and great location
- Under market rents provide a great upside for an investor
Executive Summary
2440 SF flex located in PRIME Industrial park in Indian Trail. Unit has a front reception area, public restroom, and a mezzanine above. There is a modified gross lease in place and is under market rent rates providing a great value-add opportunity. Once the remaining lease term and or option is completed, new owner has ability to bring the rents up to market rate creating a great return. Location has an 11ft x 11ft roll up door and 18.5 foot clear height. 200 Amp 3 phase power exists. good proximity to I 485, HWY 74, and Monroe Expressway. Do Not Disturb Tenant
1 Unit Available
Unit B
| Unit Size | 2,440 SF | Sale Type | Investment |
| Price | $722,128 CAD | Cap Rate | 3.52% |
| Price Per SF | $295.95 CAD | NOI | $25,404.99 CAD |
| Condo Use | Flex | No. Parking Spaces | 6 |
| Unit Size | 2,440 SF |
| Price | $722,128 CAD |
| Price Per SF | $295.95 CAD |
| Condo Use | Flex |
| Sale Type | Investment |
| Cap Rate | 3.52% |
| NOI | $25,404.99 CAD |
| No. Parking Spaces | 6 |
Description
Flex 2,440 SF Condo Unit. Units contains front reception area, public restroom, mezzanine and tenant breakroom. Warehouse space has 18.5' clear height and one 11' x 11' roll up door.
Sale Notes
2440 SF flex located in PRIME Industrial park in Indian Trail. Unit has a front reception area, public restroom, and a mezzanine above. There is a modified gross lease in place and is under market rent rates providing a great value-add opportunity. Once the remaining lease term and or option is completed, new owner has ability to bring the rents up to market rate creating a great return. Location has an 11ft x 11ft roll up door and 18.5 foot clear height. 200 Amp 3 phase power exists. good proximity to I 485, HWY 74, and Monroe Expressway.
Do Not Disturb Tenant
+5 More
1000 Van Buren B Front Reception Lobby Area III Sideview opposite
1000 Van Buren B Front Lobby . Reception Area I
1000 Van Buren B Break Area
1000 Van Buren B Mezzanine Entrance Stairs
1000 Van Buren B Mezzanine Side View
1000 Van Buren Flex Ext Rear Roll Up and Door
1000 Van Buren Electrical Panel II
1000 Van Buren B Interior roll up
1000 Van Buren B Front facing Rear Interior view I
1000 Van Buren B Interior Rear Facing Front
Property Facts
| Total Building Size | 19,520 SF | Typical Floor Size | 19,520 SF |
| Property Type | Year Built | 2007 | |
| Building Class | B | Lot Size | 2.27 AC |
| Floors | 1 | Parking Ratio | 2.77/1,000 SF |
| Zoning | LI - Light industrial | ||
| Total Building Size | 19,520 SF |
| Property Type | |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 19,520 SF |
| Year Built | 2007 |
| Lot Size | 2.27 AC |
| Parking Ratio | 2.77/1,000 SF |
| Zoning | LI - Light industrial |
Amenities
- Signage
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
Major Tenant Information Click Here to Access
| TENANT | SF Occupied | LEASE END DATE |
|---|---|---|
| Working Widget Technology LLC |
99,999 SF SF
|
Jan 0000
|
Presented by
1000 Van Buren Ave
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.