Hendersonville Office Condo For
120 Chadwick Square Ct, Hendersonville, NC 28739
For Sale
Contact for pricing
2,583 SF office condo in a prime Hendersonville location.
Property Size2,583 SF
Lot Size3.46 Acres
Price / SF$193.57
Days on Market448
Property Features for 120 Chadwick Square Ct
General Information
Standard status
Size
Lot size
Property subtype
Lease Type
Properties For Sale
at 120 Chadwick Square Ct
2580 SF Condominium for Medical User or ProfessionaL Office
AVAILABLE, Now
Floor
1
Size
2,583 SF
Type
OFFICE
Lease Type
NNN
Sublease
No
Presenting an exceptional leasing opportunity at 120 Chadwick Square Court Ste. A, Hendersonville, NC, 28739. This property is currently set up as a modern medical facility and is part of a complex that houses various professional services. With its existing medical infrastructure and strategic location, this space is perfect for medical practitioners seeking a well-equipped and accessible facility. Enjoy the benefits of being in a professional complex, offering a range of services, and providing a welcoming environment for patients and staff. Elevate your medical practice with this impressive leasing opportunity in Hendersonville.
Contact us
Listing Agency:
Whitney Commercial
(828) 665-9085
Listed By:
Andrew Riddle · License NC #297804
(828) 243-3610
Source:
Moodyscre
Added: Aug 20, 2025
Changed: Nov 6
Last Checked: Nov 10 at 11:42AM
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 Whitney Commercial
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,583 square foot office condo, constructed in 2004, is located in Hendersonville. Zoned C1SU, the property offers versatility for a range of uses. It presents an opportunity for investors seeking a well-maintained and modern space, or for an owner/user looking to establish equity in a desirable location. The location provides convenient access to Downtown Hendersonville, Henderson County Courthouse, and various dining and retail establishments. Proximity to local highways ensures connectivity to the broader region, making it suitable for businesses. The area's setting and dynamic atmosphere may appeal to office building investors looking to capitalize on the vitality of Hendersonville.
Key Highlights
- Strategic location in Hendersonville with convenient access to Downtown, Courthouse, dining, and retail.
- 2,583 SF modern, Class “A” office building.
- Zoned C1SU, offering versatile use possibilities.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,192
Cap Rate
9.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$903,840
$903.8K
Cap Rate 7%
$645,600
$645.6K
Cap Rate 9%
$502,133
$502.1K
Market Conditions
NOI Build-Up for 2,583 SF
Gross rent
$62.0K $24.00/SF
− Vacancy
−$1.7K −$0.67/SF
EGI
$60.3K $23.33/SF
− OpEx
−$15.1K −$5.83/SF
NOI
$45.2K $17.50/SF
Area
Henderson County, NC
Vacancy
2.80%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$903,840
Cap Rate 7%
$645,600
Cap Rate 9%
$502,133
Alternative Uses
Best Use
Office B
$645.6K
$564.9K – $753.2K
NOI $45,192 @ 7.0% cap · market cap 9.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$860.8K
$753.2K – $1.00M
NOI $60,256 @ 7.0% cap · market cap 12.05%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
699
Businesses Nearby
Explore this area
Business Placement
Demographics for 28739, NC
21,251
Population
11,083
Households
1.9
Avg Household Size
54
Median Age
44%
College-Educated
94%
High-School Grad
61.0 sq mi
ZIP Area
348
Density / Sq Mi
$70,464
Median Household Income
$35,934
Median Earnings
$995
Median Rent
$358,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - 2,583 SF office condo in a prime Hendersonville location.
Where is this office unit located?
The property is located at 120 Chadwick Square Ct Hendersonville, NC.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Strategic location in Hendersonville with convenient access to Downtown, Courthouse, dining, and retail.; 2,583 SF modern, Class “A” office building.; Zoned C1SU, offering versatile use possibilities.
