2040 Independence Commerce Dr - Light Distribution CONDO FOR SALE


Stallings, NC 28105
$800,000-$1,600,000 USD
704-280-1314
2040 Independence Commerce Dr, Stallings, NC for Sale
$800,000-$1,600,000 USD
Light Distribution CONDO - FOR SALE
1/32
4,000-8,000 SF | 5.48% Cap Rate

2040 Independence Commerce Dr
Stallings, NC 28105


HIGHLIGHTS

  • Conveniently located in Stallings, NC, with close proximity to Hwy 74, I-485 and the Monroe Bypass.

OVERVIEW

An excellent investment opportunity in the growing Stallings market, 2040 Independence Commerce Dr, Units D & E, offers long-term value with upside potential. These two condo units total 4,000 SF in a fully brick building, providing durability and low maintenance. Currently leased at below-market rates, investors can capitalize on future value by converting leases to NNN and adjusting rents to market levels. Located in Stallings, NC, the property benefits from no city taxes, making it an even more attractive investment.

FOR SALE DETAILS

PRICE

$800,000-$1,600,000 USD

CAP RATE

5.48%

# OF UNITS

2

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

ADD'L SUBTYPES

R&D, undefined, Telecom Hotel/Data Hosting

TOTAL BUILDING SIZE

17,477 SF

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.57 AC

LAND SF

68,212 SF

ZONING

LI

APN/PARCEL ID

07-099-011-D01

ASK ABOUT THIS PROPERTY

Emily ClineMW Commercial Realty, LLC.More Info
704-280-1314

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Emily ClineMW Commercial Realty, LLC.More Info
704-280-1314

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