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    1161 Biscayne Drive

    Concord, NC 28027
    • $2,250,000
    • STATUS: Active Under Contract
    • ON SITE: 99 days
    • ID#: 3751948
    Under Contract
    UPDATED: 75 min ago
    $2,250,000
    • 0
      BEDS
    • 2.49
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    Built:
    2002
    County:
    Area:

    School Ratings & Info

    Offered by West Maple Realty Llc. Copyright 2021 Canopy MLS. All rights reserved.

    Description

    Investment industrial building in Biscayne Industrial Park. Fully leased with Site One Landscape Supply and Ferguson Enterprises. Very strong Tenants with consistent rental history. Building currently subdivided with Site One occupying 6,937 sq ft and Ferguson occupying 4,947 sq ft. Each Tenant has yard space, with Site One having an additional half acre yard with 40'x40' storage building located on the adjacent 0.993 acre parcel. 0.993 acre parcel also conveys with purchase. Site One's lease goes thru April 2025, with a 5 year renewal option. Ferguson's lease term goes thru Jan 2022, with two 3 year renewal options.

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    Based on information submitted to the MLS GRID as of 2021-09-24T21:33:29.883 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Rowena Patton's All-Star Powerhouse nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2021 Canopy MLS.

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    1161 Biscayne Drive Concord, NC 28027

    • Price: $2,250,000
    • Status: Active Under Contract
    • Updated: 75 min ago
    • ID#: 3751948
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2.49
    Acres
    2002
    Built
    County:
    Cabarrus
    Area:
    Concord
    Property Description
    Investment industrial building in Biscayne Industrial Park. Fully leased with Site One Landscape Supply and Ferguson Enterprises. Very strong Tenants with consistent rental history. Building currently subdivided with Site One occupying 6,937 sq ft and Ferguson occupying 4,947 sq ft. Each Tenant has yard space, with Site One having an additional half acre yard with 40'x40' storage building located on the adjacent 0.993 acre parcel. 0.993 acre parcel also conveys with purchase. Site One's lease goes thru April 2025, with a 5 year renewal option. Ferguson's lease term goes thru Jan 2022, with two 3 year renewal options.
    Exterior Features

    Road Responsibility Public Maintained Road Structure Type Industrial

    Property Features

    CCRSubject To Yes Complex Name Biscayne Hoa Subject To Required Inclusions BuildingLand Inside City YN Yes Listing Agreement Exclusive Right To Sell New Construction YN No Possible Use Industry Property Sub Type Commercial Property Sub Type Secondary Industrial Restrictions Other - See Media/Remarks Restrictions Description Industrial Condominium Association Special Listing Conditions None Transaction Type For Sale Zoning Description I-1



    Based on information submitted to the MLS GRID as of 2021-09-24T21:33:29.883 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Rowena Patton's All-Star Powerhouse nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2021 Canopy MLS.

    Digital Millennium Copyright Act
     
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    Rowena Patton's All-Star Powerhouse
    56 Central Avenue, Ste 201
    Asheville NC, 28801
    Offered by West Maple Realty Llc. Copyright 2021 Canopy MLS. All rights reserved.