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Wilshire & Oak 741 Wilshire Ave SW 5,777 SF 100% Leased Flex Building Concord, NC 28027 $1,654,165 CAD ($286.34 CAD/SF) 7.25% Cap Rate
EXECUTIVE SUMMARY
Sale Leaseback property includes two buildings totaling 5,777 SF with warehouse and office space.
Offered at $1,158,000 (7.25% cap), the five-year absolute net leaseback at $7,000/month—with 3% annual bumps, renewal options, and no landlord responsibilities—delivers stable cash flow in the growing Concord submarket near Charlotte.
Offered at $1,158,000 (7.25% cap), the five-year absolute net leaseback at $7,000/month—with 3% annual bumps, renewal options, and no landlord responsibilities—delivers stable cash flow in the growing Concord submarket near Charlotte.
PROPERTY FACTS
| Price | $1,654,165 CAD | Lot Size | 0.51 AC |
| Price Per SF | $286.34 CAD | Rentable Building Area | 5,777 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 7.25% | Year Built/Renovated | 1985/2019 |
| Sale Condition | Sale Leaseback | Parking Ratio | 4.33/1,000 SF |
| Property Type | Flex | Clear Ceiling Height | 14’ |
| Property Subtype | Showroom | No. Drive In / Grade-Level Doors | 2 |
| Zoning | C-2 | ||
| Price | $1,654,165 CAD |
| Price Per SF | $286.34 CAD |
| Sale Type | Investment |
| Cap Rate | 7.25% |
| Sale Condition | Sale Leaseback |
| Property Type | Flex |
| Property Subtype | Showroom |
| Lot Size | 0.51 AC |
| Rentable Building Area | 5,777 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1985/2019 |
| Parking Ratio | 4.33/1,000 SF |
| Clear Ceiling Height | 14’ |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | C-2 |
AMENITIES
- 24 Hour Access
- Signage
- Skylights
- Air Conditioning
UTILITIES
- Lighting
- Gas
- Water
- Sewer
- Heating
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PROPERTY TAXES
| Parcel Number | 5529-35-9747-0000 | Improvements Assessment | $464,949 CAD |
| Land Assessment | $252,803 CAD | Total Assessment | $717,752 CAD |
PROPERTY TAXES
Parcel Number
5529-35-9747-0000
Land Assessment
$252,803 CAD
Improvements Assessment
$464,949 CAD
Total Assessment
$717,752 CAD
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Wilshire & Oak | 741 Wilshire Ave SW
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