Flex Space with Loading
135 Joshua Ct, Lincolnton, NC 28092
For Sale
$1,299,999
Combined office, laboratory, and climate-controlled warehouse areas support varied commercial operations.
Property Size9,800 SF
Price / SF$132.65
Days on Market93
Property Features for 135 Joshua Ct
General Information
Standard status
Size
Site & Location
Highway Access
Fenced Yard
Outdoor Storage
Warehouse & Industrial
Loading
Conditioned Warehouse
Amenities
break room
IT room
backup generator
Building Details
Year Built
Buildings
Building Size
Listing Agency:
COMPASS
Listed By:
Lisa Ciaravella
(704) 234-7880
Source:
Lewisandkirk
Added: Aug 8
Changed: Oct 25
Last Checked: Oct 7 at 1:10PM
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 COMPASS
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2000, this 9,800-square-foot flex property combines five private offices with an open lobby and reception area, dedicated laboratory space, break room, IT room, and two ADA-accessible restrooms. The warehouse is fully air-conditioned, creating a climate-controlled environment across the facility. A Generac backup generator and on-site parking add operational support.
The property at 135 Joshua Court includes two loading bays with 10' x 10' and 12' x 12' roll-up doors. A gated L-shaped side and rear loading area provides space for deliveries, equipment, fleet vehicles, and outdoor operations. Access to NC-73 and US-321 connects the property with Denver, the Lake Norman market, NC-16, Huntersville, I-77, and the greater Charlotte region.
The property at 135 Joshua Court includes two loading bays with 10' x 10' and 12' x 12' roll-up doors. A gated L-shaped side and rear loading area provides space for deliveries, equipment, fleet vehicles, and outdoor operations. Access to NC-73 and US-321 connects the property with Denver, the Lake Norman market, NC-16, Huntersville, I-77, and the greater Charlotte region.
Key Highlights
- 9,800‑square‑foot commercial building with office, lab, and warehouse areas
- Five private offices plus lobby/reception, break room, IT room, and two ADA‑accessible restrooms
- Fully air‑conditioned warehouse provides climate‑controlled space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$113,529
Cap Rate
8.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,270,580
$2.3M
Cap Rate 7%
$1,621,843
$1.6M
Cap Rate 9%
$1,261,433
$1.3M
Market Conditions
NOI Build-Up for 9,800 SF
Gross rent
$185.8K $18.96/SF
− Vacancy
−$11.1K −$1.14/SF
EGI
$174.7K $17.82/SF
− OpEx
−$61.1K −$6.24/SF
NOI
$113.5K $11.58/SF
Area
Lincoln County, NC
Vacancy
6.00%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,270,580
Cap Rate 7%
$1,621,843
Cap Rate 9%
$1,261,433
Alternative Uses
Best Use
Office B
$2.46M
$2.15M – $2.86M
NOI $171,872 @ 7.0% cap · market cap 13.22%
Second Best
Flex RnD
$1.62M
$1.42M – $1.89M
NOI $113,529 @ 7.0% cap · market cap 8.73%
Theoretical Best
Office A
$3.08M
$2.70M – $3.60M
NOI $215,914 @ 7.0% cap · market cap 16.61%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
65
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 28092, NC
38,719
Population
17,332
Households
2.2
Avg Household Size
43
Median Age
20%
College-Educated
87%
High-School Grad
119.9 sq mi
ZIP Area
323
Density / Sq Mi
$62,625
Median Household Income
$41,155
Median Earnings
$937
Median Rent
$220,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Flex space - Combined office, laboratory, and climate-controlled warehouse areas support varied commercial operations.
Where is this flex space located?
The property is located at 135 Joshua Ct Lincolnton, NC.
What is the asking price?
The asking price for this property is $1,299,999.
What are key features of this property?
This property features: 9,800‑square‑foot commercial building with office, lab, and warehouse areas; Five private offices plus lobby/reception, break room, IT room, and two ADA‑accessible restrooms; Fully air‑conditioned warehouse provides climate‑controlled space
