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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

    (919) 674-1104

    License(s) NC: 241055

    North Carolina

Financing By

Single-Tenant Office

SALISBURY PLACE

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

    (919) 674-1104

    License(s): NC: 241055

    North Carolina

Financing By

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