concord, north carolina - loopnet · for sale: $4,605,519 280 & 284 executive park drive...

F O R S A L E : $ 4 , 6 0 5 , 5 1 9

Thomas Propst 704-787-4850 t.propst@southcentralproperties.com

845 Church Street N.Suite 305B Concord, NC 28025 SouthCentralProperties.com

Total of 39,935 RSF in the two buildings

Flexible building design for future tenants

Vacant lot perfect for additional parking or another building

Excellent location near I-85 and abundant retail amenities

For more information, please contact:

NC Real Estate Broker

Outstanding Multi-Tenant Office Investment Opportunity

FEATURES

Site

Concord Lake Rd

Every effort has been made to provide accurate information but no liabilities are assumed for errors and omissions.

Multi-tenant office investment with a great rent history and long term tenants. This is a two building property that includes a currently undeveloped vacant lot. Three tenants occupy both buildings, Cardinal Innovations, Daymark Recovery and Center For Emotional Health. This property has been managed and taken care of by the owner/developer. All spaces have doors that open up directly to the parking lot, eliminating the need for interior common areas.

SUMMARY

280 & 284 Executive Park DriveConcord, North Carolina

85

Exec

utive

Park

Dr

Copperfield Blvd

F O R S A L E : $ 4 , 6 0 5 , 5 1 9

280 & 284 Executive Park DriveConcord, North Carolina

Thomas Propst 704-787-4850 t.propst@southcentralproperties.com

NC Real Estate Broker

Every effort has been made to provide accurate information but no liabilities are assumed for errors and omissions.

Property Type: Office

Property Sub-type: Medical

Building Class: B

Sale Type: Investment

Cap Rate: 8.50%

Lot Size: 3.60 AC

280 Executive Park Size: 17,225 SF

280 Executive Park Size: 22,710 SF

No. Stories: 1

Year Built: 2008

Parking Ratio: 4.03/1,000 SF

Zoning Description: C-2

APN / Parcel ID: 5622-33-9328-0000

PROPERTY INFORMATION

TENANTS

6

5

3

2

4

1

Daymark Recovery

14,025 SF

2,700 SF

Center for Emotional Health

2,160 SF

3,825 SF

4,601 SF

Cardinal Innovations

12,624 SF

1

2

3

4

5

6

Vacant Lot

3 Miles

1 Mile

DEMOGRAPHICS

1 Mile

3,020

1,230

39.30

$45,594

11,883

8.8%

8.4%

Population

Households

Average Age

Median HH Income

Daytime Employees

Population Growth ‘19-’24

Household Growth ‘19-’24

3 Miles

43,593

16,771

36.60

$48,185

24,089

9.5%

9.2%

Thomas Propst 704-787-4850 t.propst@southcentralproperties.com

NC Real Estate Broker

Every effort has been made to provide accurate information but no liabilities are assumed for errors and omissions.

F O R S A L E : $ 4 , 6 0 5 , 5 1 9

280 & 284 Executive Park DriveConcord, North Carolina

Concord Lake Rd

85

3

29SITE

Atrium Health Cabarrus

Atrium Health Gateway MedicalOffice Buildings