16 Talbert BlvdLexington, NC 27292
For Sale
$475,000
High-yield, multi-tenant retail investment.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 92
Highlights
- $475,000 asking price for a value-add retail investment opportunity.
- Multi-tenant property with two tenants, currently at 100% occupancy.
- 900-1300 square feet across two buildings, built in 1940 and 1958.
- $21,600 annual NOI, resulting in a 4.55% cap rate.
- 1.69-acre lot in Lexington, NC, zoned B, with APN: 11071000C0006, 11071000C0005A, 11071000C0005, 11071000C0004, 11071000C0003.
Property Details for 16 Talbert Blvd
- Property type
- Day care centers & nurseries, Other retail properties
- Square Feet
- 900 SF
- Year Built
- 1940
- Buildings
- 2
- Lot Size (sq. ft)
- 73,616 SF
Location Insight
- City
- Lexington
- County
- Davidson
- State
- North Carolina
- Latitude
- 35.814542
- Longitude
- -80.247982
16 Talbert Blvd, Lexington, North Carolina
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