Advanced Search

  • For Sale/Lease
  • Asking Price
  • Lease Rate
  • Broker
  • State
  • City
  • Zip

Filter Entries

Single Tenant Investment

5073 US Highway 158
Advance, NC 27006

This is being sold as an investment. Current business is thriving and tenant plans to remain at this location at this time. Potential buyers should not approach current tenant as this may cause disruption to daily operations. All inquiries and property tours should be coordinated through the Listing Agent.

  • Property Details
    Building SF ± 4,000
    Office SF ± 800
    Year Built 2005
    Restrooms ± 2
    Flooring Tile/Cement
    Roof Asphalt
    Bldg Exterior Steel
    Acres ± 0.51
    Ceiling Height ± 16'
    Parking ± Asphalt
  • Utilities
    Electrical Duke Energy
    Water Municipal
    Sewer Septic (City Available)
    Heat Electric
  • Taxes
    Zoning GB
    Tax Pin 5872212902
  • Pricing & Terms
    Price $500,000.00
    Price/SF $131.25
    Tax Value $266,730.00
Commercial investment with established long-term tenant with thriving business. Perfect mid-range investment with an estimated 7.25% Cap Rate in an area with median household incomes over $96,000.
  • Estimated 7.25% Cap Rate
  • Tenant responsible for the utilities, insurance, janitorial and landscaping/snow removal
  • Quality steel construction and asphalt drive/parking
  • Recently replaced HVAC will decrease landlord expenses in the next 10-15 years
  • Building site has been raised and not required to have flood insurance
  • Storage/inventory area (+/- 700 SF) located above office
  • General Business zoning allows for a variety of uses
  • 1 mile median income is $96,994 and over 1,000 households
  • 1-3 mile median income is $88,757 and over 4,300 households
Brad Klosterman, AICP, LEED AP ND - Photo

Brad Klosterman, AICP, LEED AP ND

336.793.0890, ext 106