912 2Nd St, Hickory, NC 28601
10,427 SF | 95% Leased | Office Building | Hickory, NC 28601 | $1,600,000 ($153/SF) | 9.19% Cap Rate
For Sale
Active
Asking Price $1,600,000
- Property Type
-
Office
- Square Feet
- 10,427 SF
- Price / Square Foot
- $153
Listing Contacts
Donna Adams
Property Overview
Adams Commercial Real Estate Services, LLC is exclusively offering the Carolina Asthma & Allergy Multi-tenant Building for sale. This building is a prime investment income opportunity located with Hwy 127 N (highly desirable ) road frontage on the main thoroughfare in Hickory’s prime Viewmont District.
Selling for $153.45 psf which is a great value at this prime location .
The building is 10,427 SF : 2 levels with 5 Suites. .The anchor tenant is a regional medical practice. The building leases are structured as gross leases with the tenant responsible for their communications and cleaning. As the leases expire, there could be an opportunity to restructure leases to a net lease arrangement which would provide investor with additional income potential.
The property is a 1.21 acre parcel which could provide an opportunity for expansion.
Selling for $153.45 psf which is a great value at this prime location .
The building is 10,427 SF : 2 levels with 5 Suites. .The anchor tenant is a regional medical practice. The building leases are structured as gross leases with the tenant responsible for their communications and cleaning. As the leases expire, there could be an opportunity to restructure leases to a net lease arrangement which would provide investor with additional income potential.
The property is a 1.21 acre parcel which could provide an opportunity for expansion.
Property Details
- Class
- B
- Year Built/Renovated
- 1959/2018
- Stories
- 2
- Property Subtype
- Medical
- Lot Size (sq. ft)
- 52,708 SF
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