Corporate Center with High-Speed Server

220 Continuum Drive, Fletcher, NC 28732

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For Sale

$6,500,000

31,620 SF move-in ready facility for sale.

Type:Commercial/Industrial

Property size:

31,620 SF

Price / SF:

$205/SF

HighLights

Move‑in ready, extensively renovated 31,620 SF facility suitable for various uses.
Million‑dollar, climate‑controlled, seismic‑proof server room with high‑speed fiber and redundant backup generators.
Multiple entrances, partitioned & private offices, and secured access system for a safer work environment.
Features 3 loading docks, smart systems, no‑touch lighting, and multi‑zone HVAC.
Includes staff cantina, workplace gym, and showers.
Equipped with executive board rooms and multiple conference rooms.

We can help!

Listing Contact

Mark Morris

For Sale

$6,500,000

31,620 SF move-in ready facility for sale.

Type:Commercial/Industrial

Property size:

31,620 SF

Price / SF:

$205/SF

Added:: Jul 2, 2024
Days on Market:: 717
Last Refresh:: May 19 at 11:55 pm

Property Features for 220 Continuum Drive

General Information

Standard status: Active
Size: 31,620 SF
Property subtype: Commercial/Industrial

Building Details

Year Built: 1995

We can help!

Listing Contact

Mark Morris

Listing agent Mark Morris License #46982

Listing office NAI Allen Tate Beverly-Hanks Commercial

Listing date Jul 2, 2024

Source Exitrealty

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 NAI Allen Tate Beverly-Hanks Commercial

HighLights

Move‑in ready, extensively renovated 31,620 SF facility suitable for various uses.
Million‑dollar, climate‑controlled, seismic‑proof server room with high‑speed fiber and redundant backup generators.
Multiple entrances, partitioned & private offices, and secured access system for a safer work environment.
Features 3 loading docks, smart systems, no‑touch lighting, and multi‑zone HVAC.
Includes staff cantina, workplace gym, and showers.
Equipped with executive board rooms and multiple conference rooms.

Overview

This 31,620 square foot facility is move-in ready and suitable for a corporate call center, research and development lab, medical facility, incubator, or co-working conversion. The extensively renovated and fully conditioned single-level building features multiple entrances, partitioned and private offices, a secured access system, a staff cantina, a workplace gym with showers, executive board rooms, and multiple conference rooms. It includes a climate-controlled, high-speed fiber server room with back-up redundant generators. The facility also has 3 loading docks, smart systems, no-touch lighting, and multi-zone HVAC. The building is located in Fletcher, NC.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$758.9k	$24.00
− Vacancy	−$21.2k	−$0.67
EGI	$737.6k	$23.33
− OpEx	−$184.4k	−$5.83
NOI	$553.2k	$17.50

31,620 SF · lease $24.00/SF/yr · vacancy 2.80% · expense 25.00%

Alternative Uses

Best Use

Office B

$7.90M

$6.92M – $9.22M (±1% cap)

NOI $553,224 @ 7.0% cap · market cap 8.51%

Second Best

Healthcare Medical

$6.32M

$5.53M – $7.38M (±1% cap)

NOI $442,579 @ 7.0% cap · market cap 6.81%

Theoretical Best

Office A

$10.54M

$9.22M – $12.29M (±1% cap)

NOI $737,631 @ 7.0% cap · market cap 11.35%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

Location Insight

Map
Local Demand

City: Fletcher
County: Henderson
State: North Carolina
Longitude: -82.496
Latitude: 35.4438

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For sale
Office buildings
NC
Fletcher
28732
220 Continuum Drive

What type of property is this?

Office building - 31,620 SF move-in ready facility for sale.

Where is this office building located?

The property is located at 220 Continuum Drive Fletcher, NC.

What is the asking price?

The asking price for this property is $6,500,000.

What are key features of this property?

This property features: Move‑in ready, extensively renovated 31,620 SF facility suitable for various uses.; **Million‑dollar, climate‑controlled, seismic‑proof server room with high‑speed fiber and redundant backup generators.**; Multiple entrances, partitioned & private offices, and secured access system for a safer work environment.

220 Continuum Drive, Fletcher, NC 28732

31,620 SF move-in ready facility for sale.

Property Features for 220 Continuum Drive

General Information

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Office B

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Fletcher Industrial Facility For Sale

Remodeled Mobile Homes Investment Opportunity

Fletcher Automotive Property For Sale

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