1121 Old Concord Rd - Office FOR SALE


Salisbury, NC 28146
$1,950,000 USD
704-202-4676
1121 Old Concord Rd, Salisbury, NC for Sale
$1,950,000 USD
Office - FOR SALE
1/19
null | 7.33% Cap Rate

1121 Old Concord Rd
Salisbury, NC 28146


HIGHLIGHTS

  • Prime location.
  • 0.6 miles from I-85 and 1.5 miles from Downtown Salisbury.

OVERVIEW

This fully renovated office building, completed within the last five years, offers an exceptional income-producing opportunity. Currently 100% occupied, it generates an impressive annual gross income of $142,956. The property features 15 executive office suites, a shared lobby, and a breakroom, providing a professional and functional environment for tenants. With 38 parking spaces, the building offers convenient access for both tenants and their clients. Prime location, just 0.6 miles from I-85 and 1.5 miles from Downtown Salisbury. This turnkey property is ready to deliver consistent returns for its next owner.

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$215 USD /SF

CAP RATE

7.33%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

The Executive Center

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

38

LAND DETAILS

LAND ACRES

0.59 AC

LAND SF

25,700 SF

ZONING

CMX

APN/PARCEL ID

069-00402

ASK ABOUT THIS PROPERTY

Tom BostB & R RealtyMore Info
704-202-4676

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Tom BostB & R RealtyMore Info
704-202-4676

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.