625 S Lafayette St, Shelby, NC
Retail space available for lease in Shelby, North Carolina.
- Added:
- Mar 26, 2025
- Days on Market:
- 468
- Last Refresh:
- May 20 at 9:13 pm
Property Features for 625 S Lafayette St
General Information
- Standard status
- Active
- Size
- 2,073 SF
- Lot size
- 0.20 Acres
- Property subtype
- RETAIL
Listing office Foothills Commercial Real Estate (980) 404-1111
Listing date Mar 26, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Foothills Commercial Real Estate
HighLights
- Retail space available for lease
- Located in Shelby, North Carolina
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $37.3k | $18.00 |
| − Vacancy | −$1.8k | −$0.88 |
| EGI | $35.5k | $17.12 |
| − OpEx | −$10.6k | −$5.14 |
| NOI | $24.8k | $11.98 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Shelby
- County
- Cleveland
- State
- North Carolina
- Longitude
- -81.5405
- Latitude
- 35.2829
