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    794 American Way Lexington, NC 27295

    For Lease
    $9 SF/Yr

    12,000 SF Flex Space in Lexington, NC.

    Lot size:
    12,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional flex space, located at 794 American Way in Lexington, North Carolina, offers 12,000 square feet of versatile space ideal for a variety of businesses. Situated on a 4.57-acre lot in Davidson County, this property boasts convenient access to major transportation arteries, including Interstates 85 and 40, ensuring seamless logistics and efficient commutes. The building features clear span construction, providing maximum flexibility for layout and operations. Tenants will benefit from a drive-in door and access to a shared loading dock, facilitating easy loading and unloading of goods. The space is currently available for tenant build-out, with completion anticipated in the first quarter of 2025. This presents a unique opportunity to customize the space to perfectly meet your specific business needs. The lease rate is $9.00 per square foot, NNN. The property is suitable for businesses requiring 6,000 to 12,000 square feet of space. This prime location in Lexington, NC, offers a blend of accessibility and functionality, making it an attractive option for businesses seeking a modern and efficient workspace. Contact us today to learn more about this exciting pre-leasing opportunity.

    Property Features for 794 American Way

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,000 SF

    Unit(s) available at that property

    Space
    Size
    12,000 SF
    Rate per SF
    $9

    HighLights

    • 12,000 SF flex space available for lease in Lexington, NC.
    • Located on a 4.57‑acre lot with easy access to I‑85 and I‑40.
    • Features clear span construction, drive‑in door, and shared loading dock.
    • Tenant build‑out available, completion Q1 2025.
    • Lease rate: $9.00/SF, NNN. Suitable for 6,000‑12,000 SF users.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Pro Plumbing Air ... Plumber Honest Flower Store

    Suggested Use

    Law Firm Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Auto Parts Store Department Store Kitchen & Bath HVAC Service Storage Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Davidson
    State
    North Carolina
    Longitude
    -80.2379024
    Latitude
    35.8732186

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    FAQs

    What type of property is this?
    Flex space - 12,000 SF Flex Space in Lexington, NC.
    Where is this flex space located?
    The property is located at 794 American Way Lexington, NC.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: 12,000 SF flex space available for lease in Lexington, NC.; Located on a 4.57-acre lot with easy access to I-85 and I-40.; Features clear span construction, drive-in door, and shared loading dock.
    Request Owner's contact information
    794 American Way Lexington, NC 27295
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    794 American Way Lexington, NC 27295
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