Office Building with
For Sale
Contact for pricing
435 Sam Newell Rd, Matthews, NC 28105
Office building currently 89% leased, with a first-floor branch leaseback to Skyla Federal Credit Union at closing.
Property Size18,316 SF
Price / SF$35.49
Days on Market54
Property Features for 435 Sam Newell Rd
General Information
Standard status
Active
Size
18,316 SF
Property subtype
OFFICE
Occupancy
89%
Listing Agency:
The Nichols Company
(704) 373-9797
Listed By:
Taylor Barnes · License #317642
(704) 274-1224
Source:
Moodyscre
Added: Jul 22
Changed: Aug 14
Last Checked: Sep 13 at 11:02AM
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 The Nichols Company
Investment Insights
Based on property information with market context.
This office building is for sale and is currently 89% leased. The weighted average lease term (WALT) is approximately 4 years. Reported in-place NOI is $408,066, with proforma NOI of $488,205.
At closing, Skyla Federal Credit Union will lease back the first-floor branch space. The property is located at 435 Sam Newell Rd in Matthews, NC 28105.
At closing, Skyla Federal Credit Union will lease back the first-floor branch space. The property is located at 435 Sam Newell Rd in Matthews, NC 28105.
Key Highlights
- Office building currently 89% leased
- First‑floor branch leaseback to Skyla Federal Credit Union at closing
- In‑place NOI: $408,066; proforma NOI: $488,205
Property Analytics
Current Use
Lease Details
89%
Occupancy
Location Intelligence
Trade Area within ½ mile
2,292
Businesses Nearby
Explore this area
Business Placement
Demographics for 28105, NC
44,085
Population
17,906
Households
2.5
Avg Household Size
41
Median Age
52%
College-Educated
95%
High-School Grad
23.2 sq mi
ZIP Area
1,900
Density / Sq Mi
$104,242
Median Household Income
$52,175
Median Earnings
$1,663
Median Rent
$389,100
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Office building currently 89% leased, with a first-floor branch leaseback to Skyla Federal Credit Union at closing.
Where is this office building located?
The property is located at 435 Sam Newell Rd Matthews, NC.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Office building currently 89% leased; First‑floor branch leaseback to Skyla Federal Credit Union at closing; In‑place NOI: $408,066; proforma NOI: $488,205
