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19701 W Catawba Ave
Cornelius, NC 28031
Holiday Office Building · Office Property For Sale

EXECUTIVE SUMMARY

Holiday Office Building condos for sale. 6 condos for sale in the Holiday Office Building are for sale for $1,395,000. There is a total of 4 tenants occupying the 6 units. Total Annual Gross rent from all 4 tenants is $104,400. Several tenants have occupied for many years. All use is office use. Located at the corner of West Catawba Ave and Bethel Church Road at Exit 28 Lake Norman. There are 7 units in the Holiday Office building but only these 6 are for sale. Each condo is deeded separately. Each condo has its own Heat Pump. Units C, D and E are combined for one tenant. Owner pays taxes and HOA dues. Annual Dues $10,262.40 and 2017 Taxes were 11,685. A new roof was installed May 2012. Built in 1994. There has been a real estate office in units C and D since 1994 without any vacancy in those units. Today a real estate company continues to lease units C, D and E. All the other units are leased. There is no vacancy at this time. Disclosures: We are brokers / owners of the units.

PROPERTY FACTS

Property Type
Office
  • Office - Medical
Costar Property Class C
Total Plot Size 1.09 ac
Net Internal Area (NIA) 10,000 sq ft
No. Floors 1
Year Built 1994
Parking Allocation 4/1,000 sq ft
APN / Parcel ID
001-502-05
  • 001-502-06
  • 001-502-07
  • 001-502-08
  • 001-502-09
  • 001-502-10
  • 001-502-11
Use Class Village Center

AMENITIES

  • Signage
  • Listing ID: 12570046

  • Date on Market: 15/05/2018

  • Last Updated:

  • Address: 19701 W Catawba Ave, Cornelius, NC 28031

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