720 W Main St 11,128 SF 80% Leased Office Building Jamestown, NC 27282 $1,100,000 ($98.85/SF) 5.57% Cap Rate
INVESTMENT HIGHLIGHTS
- Owner User or Investment
- Located in the heart of Jamestown, NC.
- 3 Buildings Two Fully Leased
EXECUTIVE SUMMARY
Owner User or investment property with three unique buildings on a 1.03-acre lot, combining fully leased spaces with additional leasing potential or owner-occupied space in the heart of Jamestown, NC.
Green Building: Fully Leased, 5,860± SF, Upper-Level Dental Office, Lower-Level Engineering Firm and Salon Suites
Yellow Building: Historic, 1,462± SF, 100% Leased, built-in 1834
Red Building: 3,806± SF, Lower-Level leased, Upper-Level vacant 2,066± SFvacant.
Pro-Forma Cap Rate 8.1%.
Green Building: Fully Leased, 5,860± SF, Upper-Level Dental Office, Lower-Level Engineering Firm and Salon Suites
Yellow Building: Historic, 1,462± SF, 100% Leased, built-in 1834
Red Building: 3,806± SF, Lower-Level leased, Upper-Level vacant 2,066± SFvacant.
Pro-Forma Cap Rate 8.1%.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
11,128 SF
Building Class
C
Year Built
1834
Price
$1,100,000
Price Per SF
$98.85
Cap Rate
5.57%
NOI
$61,243
Percent Leased
80%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,564 SF
Building FAR
0.25
Lot Size
1.03 AC
Zoning
C - Commercial
Parking
44 Spaces (3.95 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Signage
- Smoke Detector
1 of 1
PROPERTY TAXES
| Parcel Number | 0157745 | Improvements Assessment | $636,100 |
| Land Assessment | $224,300 | Total Assessment | $860,400 |
