Warehouse and Office Property
4235 7 Lakes Plz West End, NC
For Sale
$1,090,000
Two commercial buildings plus an adjacent gated lot, offering highway frontage, dock-door loading, and dedicated office or storage space.
Property Size7,400 SF
Price / SF$147.30
Days on Market356
Property Features for 4235 7 Lakes Plz
General Information
Standard status
Active
Size
7,400 SF
Listing Agency:
TRIAD OMNI PROPERTIES/LAKE JEANETTE REALTY
(336) 282-5253
Listed By:
Greg Cranford
(336) 282-5253
Source:
Exprealty
Added: Aug 8, 2025
Changed: Jul 22
Last Checked: Jul 26 at 9:01PM
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 TRIAD OMNI PROPERTIES/LAKE JEANETTE REALTY
Investment Insights
Based on property information with market context.
This bundled offering includes two commercial buildings and an adjacent lot. 4235 Seven Lakes Plaza is a brick building with additional covered porch space supported by brick columns, and it includes dedicated office or storage areas separate from the main portion. 195 N. Trade Street is a Mesco metal commercial building with a large dock door for loading and unloading, along with dedicated office or storage space apart from the primary area.
The properties front heavily traveled NC Hwy 211 for visibility and signage opportunities. An additional access point is provided from 195 N. Trade Street, located directly behind the highway-front building. A connected, adjacent gated lot links both sites and offers parking and drive-through access.
The seller also notes an upcoming widening of Hwy 211 to four lanes.
The properties front heavily traveled NC Hwy 211 for visibility and signage opportunities. An additional access point is provided from 195 N. Trade Street, located directly behind the highway-front building. A connected, adjacent gated lot links both sites and offers parking and drive-through access.
The seller also notes an upcoming widening of Hwy 211 to four lanes.
Key Highlights
- Bundle includes 4235 Seven Lakes Plaza and 195 N. Trade Street plus an adjacent gated lot (7,400 sq. ft. total buildings).
- 4235 Seven Lakes Plaza: 2,400 sq. ft. brick commercial building with an additional 400 sq. ft. covered porch with brick columns.
- Frontage on heavily traveled NC Hwy 211 with signage potential for the 4235 Seven Lakes Plaza building.
Financial Insights For Office B
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 | $207.8k | $28.08 |
| − Vacancy | −$135.1k | −$18.25 |
| EGI | $72.7k | $9.83 |
| − OpEx | −$18.2k | −$2.46 |
| NOI | $54.5k | $7.37 |
7,400 SF · lease $28.08/SF/yr · vacancy 65.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$779.2K
$681.8K – $909.1K
NOI $54,545 @ 7.0% cap · market cap 5.00%
Second Best
Warehouse
$771.5K
$675.1K – $900.1K
NOI $54,006 @ 7.0% cap · market cap 4.95%
Theoretical Best
Specialty Retail
$1.41M
$1.23M – $1.65M
NOI $98,704 @ 7.0% cap · market cap 9.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Warehouse - Two commercial buildings plus an adjacent gated lot, offering highway frontage, dock-door loading, and dedicated office or storage space.
Where is this warehouse located?
The property is located at 4235 7 Lakes Plz West End, NC.
What is the asking price?
The asking price for this property is $1,090,000.
What are key features of this property?
This property features: Bundle includes 4235 Seven Lakes Plaza and 195 N. Trade Street plus an adjacent gated lot (7,400 sq. ft. total buildings).; 4235 Seven Lakes Plaza: 2,400 sq. ft. brick commercial building with an additional 400 sq. ft. covered porch with brick columns.; Frontage on heavily traveled NC Hwy 211 with signage potential for the 4235 Seven Lakes Plaza building.
