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Home > For Sale > Commercial Properties
Listing ID: 4678
INVESTMENT PROPERTY - $1,900,000 $1900000 For Sale We can finance it! Property Description CAP RATE - 8.16% This offering allows an investor to purchase a warehouse building fully converted to office (99%) - giving the investor greater upside for increased rents and office asking rates. Given close proximity to Charlotte Douglas International Airport and highways, access for users is greatly increased for continued value. Current master tenant will lease back upon sale at either 5 years with 2 three year renewals or potentially longer initial period (to be negotiated). The current list price is based upon comparable sale prices for heavy office buildout and comparable CAP rates in the area reviewed. Priced at just $91.21/FT, the property has good continued upside with so much office space. The lease is gross with the landlord responsible for maintenance, however the tenant is responsible for utilities and janitorial. Contact Information Contact person: Robert Lore Seller type: Agent/Broker Owner Finance: MLS: Phone: Log in to view Address: Log in to view City: CHARLOTTE State/Province: Zip/Postal Code: 28217 Country: User Listings: Show All Ads by this member Listing Information Type: Commercial Property Listing Status: For Sale Price: 1900000 Bedrooms: Bathrooms: Stories: Square Feet: Lot Size: Age of Home: Additional Feature: Appliances: Benefits: Planning to Sell or Buy a Home? Compare REALTORS® First. It's Fast and Free!