3511 Graystone Pl SE

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3511 Graystone Pl SE

Conover, NC 28613
Asking Price
$2.04M
Asset Type
Office
Class
Class B

What's Special

3511 Graystone Pl SE is situated in the southeastern quadrant of Conover, North Carolina, within a established professional corridor. The property is positioned near the intersection of Rockett Ranch Road and Highway 70, providing direct access to Interstate 40. The immediate neighborhood features a mix of medical facilities, retail centers, and residential developments. Nearby amenities include various dining options, financial institutions, and local service providers, catering to the needs of daily commuters and area residents. This office asset is suited for professional services, including administrative firms, insurance agencies, or satellite corporate offices. The layout and location are also appropriate for outpatient medical services or private practices seeking a presence in the Hickory-Conover-Morganton metropolitan area. Typical tenants include established small-to-mid-sized businesses that require a quiet professional environment with convenient surface parking and proximity to regional transportation arteries.

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NOI
$80,000
Cap Rate
3.92%
DSCR
0.66
Underwater
Cash-on-Cash
-6.73%
Monthly Payment
$10,100.228
Annual Cash Flow
$-41,202.737

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