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Investment Highlights
- ±6,708 SF fully occupied
- Great visibility in a walkable area of downtown
- Newly renovated space within a converted historic mill property
- Convenient access to US-421/NC-66
Executive Summary
Two newly renovated office/retail condos in the heart of downtown Kernersville, a rapidly growing market in the center of the Triad. This investment provides stable income in a prime location - tenant list features Nucor (North America’s largest steel manufacturer) with 6+ years of term remaining and a local law firm with 1+ years remaining on a long term lease. Surrounded by dense residential area and minutes from multiple shopping centers with major retailers like Walmart Supercenter, Lowe’s Home Improvement, and Planet Fitness.
Property Facts
| Price | $1,271,088 CAD | Status | Active |
| Price / SF | $189.49 CAD / SF | Number of Properties | 2 |
| Cap Rate | 7.43% | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 6,708 SF |
| Price | $1,271,088 CAD |
| Price / SF | $189.49 CAD / SF |
| Cap Rate | 7.43% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 6,708 SF |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
The Factory on North Main
210 N Main St, 3rd Floor - Unit 330, Kernersville, NC 27284 |
Office Condo | 4,000 SF | 1900 | - |
|
The Factory on North Main
210 N Main St, 3rd Floor - Unit 338, Kernersville, NC 27284 |
Office Condo | 2,708 SF | 1900 | - |
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210 North Main Street
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