1030 7 Lakes Dr Seven Lakes, NC 27376

Property Details for 1030 7 Lakes Dr

Year built

2000

Lot size

1.03 lot acres

Property size

3,312 SF

Property type

Retail properties

Property subtype

Office Properties & Spaces

Description

This exceptional multi-tenant commercial property, located at 1030 Seven Lakes Dr, Seven Lakes, NC 27376, presents a compelling investment opportunity. The 3,312 square foot building, constructed in 2000 and boasting a Class B rating, offers a blend of office and retail space. Currently operating at 70% occupancy with five tenants across seven units (seven first-floor units and one walk-up executive suite), this property provides immediate cash flow. The building features a new roof (installed in 2019), ample parking (30 spaces), and high visibility on Seven Lakes Drive, further enhanced by its interconnectivity with Grant Street. The 1.03-acre lot also includes available outdoor storage. The property is a fee simple ownership with a modified lease type and no credit rating required for tenants. This stabilized, value-add investment is ideal for those seeking a strong return on investment in a well-maintained, strategically located property. The property's multi-tenant structure offers diversification and potential for future growth through increased occupancy and lease rate adjustments. The building's solid construction and recent roof replacement minimize immediate capital expenditure needs. This is a rare opportunity to acquire a well-positioned commercial property in a growing area.