Project Description

Lakeside Professional Center · 19453 W Catawba Ave Cornelius, NC 28031 · 6,960 SF · Office Complex For Sale

Lakeside Professional Center is for sale! This investment property provides a highly desirable location on Catawba Avenue Cornelius, NC. This investment property in Lake Norman has street visibility with signage, five individual suites with separate HVAC and utilities, front and rear doors, front and rear parking lot, and all suites are on the first floor providing ease of access. All suites pay their prorated share of taxes and insurance. Lakeside Professional Center is an office building investment property for sale in Lake Norman, NC.

Lakeside Professional Center offers a superior location on Catawba Avenue, in the Cornelius part of Lake Norman, between I77 and Jetton Road. This investment property for sale is located near Jetton Village and the newly remodeled Harris Teeter and new Publix shopping center.

Highlights

  • Location, Location, Location
  • Multi Tenanted
  • Street Visibility with Monument Signage
  • First Floor Suites
  • Walk to Food and Shopping
  • Tenants Pay Share of Taxes and Insurance

Details

Price: $1,475,000

Occupancy: 100%

Building Size: 6,960 SF

Price/SF: $211.93

No. Stories: 1

Building Class: B

Cap Rate: 5.90%

Financial Summary (Actual)

Net Operating Income: $89,600