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$ 525,000
Est. payment | /mo
$ 525,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4282080
Year Built 2004
Property Sub-Type Office
Property Description
This well-maintained commercial office condo located off of the bustling Charlotte Highway offers a prime investment opportunity. The property features multiple private offices, a spacious conference room, a break room, and an open space layout, making it ideal for a variety of business needs. Currently tenant-occupied, this property provides a stable income stream with a 5.01% cap rate. The lease has 2.5 years remaining, with annual rent escalations of 3%, ensuring continued growth in rental income.
Location
State NC
County Iredell
Zoning CC
Exterior
Utilities Available Cable Available, Electricity Connected
Street Surface Paved
Building
Dwelling Type Site Built
Sewer Public Sewer
Water City
Structure Type Brick Full
New Construction false
Others
Senior Community false
Restrictions Other - See Remarks
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Subject to Lease
© 2025 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Listed by Jordan Jackson • Ivester Jackson Properties • jordan@ivesterjackson.com
907 Country Club Dr, Lexington, NC, 27292, United States
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