420 Shoffner Graham, NC 27253
2,000 SF industrial building with flexible space in Graham.
Property Features for 420 Shoffner
General Information
- Standard status
- Active
- Size
- 2,000 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1997
Listing office GROW LOCAL REALTY, LLC (919) 830-5233
Listing date May 27, 2026
Source Corcoran
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All listing content including descriptions, pricing, images are the copyrighted material of GROW LOCAL REALTY, LLC
Investment Insights
Based on property information with market context.
Key Highlights
- Convenient Graham location with easy access to Highway 70 and downtown Graham.
- 2,000 square foot industrial building.
- Flexible space ideal for various business uses.
Local Financial Insights For Flex RnD
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 | $26.2k | $13.08 |
| − Vacancy | −$2.4k | −$1.22 |
| EGI | $23.7k | $11.86 |
| − OpEx | −$8.3k | −$4.15 |
| NOI | $15.4k | $7.71 |
