Log In/Sign Up
Your email has been sent.
1230 Mann Dr
Matthews, NC 28105
Office Property For Sale
Investment Highlights
- Fully occupied medical asset with long term tenant stability
- Lease runs through early 2028 and includes a five year renewal option
- Strong passive investment at a 6.5 percent cap rate
- Established dental practice generating reliable rental income
- Positioned within a medically active corridor near regional hospitals
- Professional medical buildout supporting long term operational demand
Executive Summary
Do not disturb tenant. 1230 Mann Drive presents an opportunity to acquire a stable, income-producing medical investment property in Matthews, North Carolina,
The property is fully occupied by a Dentist with a long term commitment to the space.
The property is fully occupied by a Dentist with a long term commitment to the space.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
2,925 SF
Building Class
B
Year Built
2004
Price
$1,531,317 CAD
Price Per SF
$523.53 CAD
Cap Rate
6.50%
NOI
$99,536 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
2,925 SF
Building FAR
0.02
Lot Size
3.60 AC
Zoning
I1CD - Commercial
Parking
16 Spaces (3.31 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 193-245-28 | Improvements Assessment | $498,062 CAD |
| Land Assessment | $0 CAD | Total Assessment | $498,062 CAD |
Property Taxes
Parcel Number
193-245-28
Land Assessment
$0 CAD
Improvements Assessment
$498,062 CAD
Total Assessment
$498,062 CAD
1 of 9
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
