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🏢 Just listed — Traditional Office Office for sale in Cornelius, NC.

📍 21000 Torrence Chapel Rd, Cornelius, NC
🏷  Traditional Office Office · For Sale
💰 $3.69M

21000 Torrence Chapel Rd, Cornelius, NC 28031

<ul><li>Fully leased</li><li>Completely renovated in 2024</li><li>Close to I-77, Exit 28</li><li>Walking distance to restaurants, banks, grocery stores, and shopping</li><li>Total Building SF: 8,471 +/- SF</li><li>Total Acreage

Full financials, photos, and broker contact:
https://commrty.com/property/north-carolina/cornelius/21000-torrence-chapel-rd-2552335-for-sale?utm_source=linkedin&utm_medium=share&utm_campaign=pdp&utm_content=21000-torrence-chapel-rd-2552335

#Cornelius #Office #CommercialRealEstate #CRE #Investment

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Home/NC/Cornelius

21000 Torrence Chapel Rd

Cornelius, NC 28031

Asking Price

$3.69M

Asset Type

Traditional Office Office

Class

Class B

What's Special

21000 Torrence Chapel Rd, Cornelius, NC 28031 <ul><li>Fully leased</li><li>Completely renovated in 2024</li><li>Close to I-77, Exit 28</li><li>Walking distance to restaurants, banks, grocery stores, and shopping</li><li>Total Building SF: 8,471 +/- SF</li><li>Total Acreage: .80 +/-</li><li>Classic architecture</li><li>Ample on-site parking</li></ul>

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Purchase Price ($)

Down Payment (%)Interest Rate (%)

Amortization (years)Annual Gross Income ($)Annual Expenses ($)

NOI

$80,000

Cap Rate

2.17%

DSCR

0.36

Underwater

Cash-on-Cash

-12.57%

Monthly Payment

$18,280.844

Annual Cash Flow

$-139,370.127

Location & Travel Times

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