Property profile

1336 Dixon Blvd Shelby, NC 28152

OFF-MARKET
Retail space
Property ID
US53-2646537
8,000 SF Built 1969
Entity Owned Free & Clear
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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

Location

1336 Dixon Blvd Shelby, NC 28152-6844
Shelby metro Census 950702 SHELBY, NC MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
$250k

Owner & transaction history

Zoning & alternative use

GB · Shelby, NC
Zoning description

The GB business district is established as a district in which to accommodate a wide range of retail business, professional and personal services office and limited wholesale and warehousing uses, areas zoned as GB are g…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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