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303 Salisbury Ave 3,834 SF Office Building Albemarle, NC 28001 $1,043,589 CAD ($272.19 CAD/SF) 6.86% Cap Rate



Executive Summary
Professional office building located in the shadow of Atrium Health Medical Center. Property is leased to Eye Care Centers of America, associated with National Vision Holdings, Inc. Stock symbol (EYE). Tenant pays .50% of CAM, tax & Insurance. Lease document available for review to qualified interests.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
3,834 SF
Building Class
B
Year Built
1996
Price
$1,043,589 CAD
Price Per SF
$272.19 CAD
Cap Rate
6.86%
NOI
$71,637 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,834 SF
Building FAR
0.17
Lot Size
0.52 AC
Zoning
NBD - Neighborhood Business District
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 6548-01-18-9121 | Improvements Assessment | $545,572 CAD |
| Land Assessment | $90,639 CAD | Total Assessment | $636,211 CAD |
Property Taxes
Parcel Number
6548-01-18-9121
Land Assessment
$90,639 CAD
Improvements Assessment
$545,572 CAD
Total Assessment
$636,211 CAD
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Presented by
Holbrook Realty
303 Salisbury Ave
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