3736 Us Highway 64Lexington, NC 27292

For Sale
$2,000,000

High-Yield Garage, Office & Storage

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional mixed-use property in Lexington, NC, presents a lucrative investment opportunity or owner-occupied business prospect. Located at 3736 E US Hwy 64, this 3,600 square foot complex boasts two single-story buildings constructed in 1993. The property features a thriving tire/mechanic garage, ample traditional office space, and a valuable addition of 20 self-storage units, currently generating 100% occupancy. The asking price is $2,000,000, offering a compelling 10% capitalization rate. The lease is a NNN (Net, Net, Net) single-tenancy agreement with one year remaining. This well-maintained property is ideal for an investor seeking strong cash flow or a business owner looking to combine operations under one roof. The property's strategic location in Davidson County, NC, zip code 27292, ensures high visibility and accessibility. This turnkey operation provides immediate income and significant potential for future growth. The combination of a successful garage, office space, and storage units creates a diversified revenue stream, mitigating risk and maximizing return on investment. Don't miss this chance to acquire a high-performing asset in a desirable location.

Highlights

  • Exceptional mixed-use property in Lexington, NC, offering lucrative investment or owner-occupancy potential.
  • 3,600 square foot complex with two single-story buildings (built 1993) including a tire/mechanic garage, office space, and 20 self-storage units (100% occupancy).
  • $2,000,000 asking price with a 10% capitalization rate.
  • NNN single-tenancy lease with one year remaining.
  • Turnkey operation with high visibility and accessibility in Davidson County, NC (zip code 27292).

Property Details for 3736 Us Highway 64

Property type
Other specialty properties, Automotive properties
Square Feet
3,600 SF
Year Built
1993
Buildings
2
Stories
1

Location Insight

City
Lexington
County
Davidson
State
North Carolina
Latitude
35.80777
Longitude
-80.17873
3736 Us Highway 64, Lexington, North Carolina

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3736 Us Highway 64
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