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1135 Four Lakes Dr 8,000 SF 100% Leased Office Building Matthews, NC 28105 $1,794,267 CAD ($224.28 CAD/SF)
INVESTMENT HIGHLIGHTS
- 100% Occupied Multi-Tenant Building
- Historically High Occupancy
- Rental Rate Growth Potential
EXECUTIVE SUMMARY
Multi-Tenant Office Property in a desirable area of Matthews, NC with historically high occupancy is now available. The seller has enjoyed stable and strong cash flow for 18 years but hasn't raised rents aggressively to keep up with the market, which presents an opportunity for new owner to dramatically increase cash flow and value. The location being close to 74 & 485 is a major draw for tenants.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
8,000 SF
Building Class
B
Year Built
2005
Price
$1,794,267 CAD
Price Per SF
$224.28 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
8,000 SF
Building FAR
0.12
Lot Size
1.50 AC
Zoning
B1SCD
1 1
PROPERTY TAXES
| Parcel Number | 193-293-04 | Improvements Assessment | $915,863 CAD |
| Land Assessment | $694,191 CAD | Total Assessment | $1,610,054 CAD |
PROPERTY TAXES
Parcel Number
193-293-04
Land Assessment
$694,191 CAD
Improvements Assessment
$915,863 CAD
Total Assessment
$1,610,054 CAD
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1135 Four Lakes Dr
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