New Construction Multi-tenant Flex Service Rd 15,500 SF 80% Leased Flex Building Yadkinville, NC 27055 $2,499,000 ($161.23/SF) 7.32% Cap Rate
INVESTMENT HIGHLIGHTS
- 15,500+/- SF New construction, 80% leased, Proforma CAP Rate 7.32%
- Minimal landlord responsibilities
- 14’ drive-in doors, 16’-19’ clearing height
EXECUTIVE SUMMARY
15,500+/- SF New construction, 80% leased, Proforma CAP Rate 7.32%
Phase 1 complete with Phase 2 scheduled for completion January 2025
HB zoning, with 3.47+/- AC additionally available for expansion
Minimal Landlord responsibilities
14’ drive-in doors, 16’-19’ clearing height
Phase 1 complete with Phase 2 scheduled for completion January 2025
HB zoning, with 3.47+/- AC additionally available for expansion
Minimal Landlord responsibilities
14’ drive-in doors, 16’-19’ clearing height
PROPERTY FACTS
| Price | $2,499,000 |
| Price Per SF | $161.23 |
| Sale Type | Investment |
| Cap Rate | 7.32% |
| Property Type | Flex |
| Property Subtype | Light Distribution |
| Building Class | B |
| Lot Size | 1.40 AC |
| Rentable Building Area | 15,500 SF |
| No. Stories | 1 |
| Year Built | 2024 |
| No. Drive In / Grade-Level Doors | 10 |
| Opportunity Zone |
Yes |
| Zoning | HB - highway business |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
1,500-5,000 SF Available HB Zoning 16’-19’ clearing height 14’ drive-in doors Accessible shared dock Lease Rate: $12.00/SF, NN
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 1,500-5,000 SF | Flex | Full Build-Out | Now |
1st Floor
| Size |
| 1,500-5,000 SF |
| Space Use |
| Flex |
| Condition |
| Full Build-Out |
| Available |
| Now |
1 of 1
PROPERTY TAXES
| Parcel Number | 132455 | Improvements Assessment | $0 |
| Land Assessment | $8,938 | Total Assessment | $8,938 |
