Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    FOR SALE
    Retail space

    1336 E Dixon Blvd, Shelby, NC 28152

    8,000 SF Built 1969
    Entity Owned Free & Clear
    Property ID
    US53-2646537
    Property summary
    AI-generated overview

    Exceptional investment opportunity: a brand-new, 8,000-square-foot medical office building in Shelby, North Carolina. This fee-simple property boasts a 20-year absolute triple-net (NNN) lease with Parachute Plasma, a rapidly expanding medical company with a corporate guarantee. The lease commenced upon closing and features a strong initial annual net operating income (NOI) of $362,091, representing a 7.50% capitalization rate. Situated on a 0.84-acre lot at 1336 E Dixon Blvd, Shelby, NC 28152, the building was constructed in 2024. The lease includes attractive 2% annual rent increases beginning in year six, providing significant long-term growth potential. This is a rare opportunity to acquire a stable, high-yielding investment with a creditworthy tenant and substantial future growth prospects. The property is a turnkey investment with no landlord responsibilities. Parachute Plasma's expansion plans indicate a robust and growing tenant base, further enhancing the investment's value and security. This is a prime example of a secure, passive income stream in a thriving market.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1969
    Total area 8,000 SF
    Zoning code GB
    APN 26689
    UPID US53-2646537
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    CLEVELAND FLOOR COVERING INC
    CLEVELAND FLOOR COVERING INC
    Zoning & alternative use
    GB · Shelby, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message