320 Jake Alexander Blvd W

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320 Jake Alexander Blvd W

Salisbury, NC 28147
Asking Price
$3.73M
Asset Type
Office
Class
Class B

What's Special

320 Jake Alexander Blvd W is situated along a primary commercial corridor in Salisbury, North Carolina. The property benefits from high visibility and proximity to the intersection of Highway 70 and Jake Alexander Boulevard, a major local thoroughfare. The surrounding neighborhood is characterized by a mix of retail centers, medical facilities, and professional services. Nearby amenities include various dining options, financial institutions, and the Novant Health Rowan Medical Center. The location offers efficient transportation access, positioned less than three miles from Interstate 85, connecting the site to the broader Piedmont Triad and Charlotte metropolitan regions. This office asset is well-suited for professional service firms, administrative headquarters, or medical-related practices seeking a central Salisbury location. The property’s layout and regional accessibility cater to tenants such as legal professionals, insurance agencies, or outpatient healthcare providers. Its position near established residential neighborhoods and commercial hubs makes it an ideal fit for businesses requiring easy client access and a stable local presence. The site’s functional design supports both private office configurations and collaborative work environments, accommodating a variety of small to mid-sized corporate operations.

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NOI
$80,000
Cap Rate
2.14%
DSCR
0.36
Underwater
Cash-on-Cash
-12.65%
Monthly Payment
$18,476.862
Annual Cash Flow
$-141,722.345

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