Single-Tenant Office
SALISBURY PLACE
214 Klumac Rd, Salisbury, NC 28144
Listing Price: $799,000
Cap Rate
6.75%
Tenant Name
Terramore Development, LLC,
Years Remaining On Lease
2.4
Guarantor
No Guarantee
Rentable SF
5,600
Lease Type
Modified Gross
Rent Per Square Feet
$13.16
Investment Overview
Located in Salisbury, NC – Part of the Ever-Growing Charlotte Metro
Investment Highlights
- 100% Occupied, Two-Story 5,600 Square Foot Office Building
- No Leases Expiring Until 2027 | Below Market Rents
- Strategically Located Minutes From I-85, Hwy-29, Hwy-52, and Hwy-601; Surrounded by an Abundance of Growing NC Communities
- Sits on 0.47 Acres With Ample Parking
- Adjacent 1.02 Acres (Commercial Zoning) Also Available – See Agent for Details
Exclusively Listed By
Broker of Record
-
Donald Gilchrist
First Vice President Investments
Financing By
Listing Price: $799,000
Cap Rate
6.75%
Tenant Name
Terramore Development, LLC,
Years Remaining On Lease
2.4
Guarantor
No Guarantee
Rentable SF
5,600
Lease Type
Modified Gross
Rent Per Square Feet
$13.16
Investment Highlights
- 100% Occupied, Two-Story 5,600 Square Foot Office Building
- No Leases Expiring Until 2027 | Below Market Rents
- Strategically Located Minutes From I-85, Hwy-29, Hwy-52, and Hwy-601; Surrounded by an Abundance of Growing NC Communities
- Sits on 0.47 Acres With Ample Parking
- Adjacent 1.02 Acres (Commercial Zoning) Also Available – See Agent for Details
Investment Overview
Located in Salisbury, NC – Part of the Ever-Growing Charlotte Metro
Exclusively Listed By
Broker of Record
-
Donald Gilchrist
First Vice President Investments