Property Listing No Longer Available for Sale

400 Magnolia Square Court, Aberdeen, NC

Industrial for Sale - $245,000


Property Info

CIMLS#1070053
Location
  400 Magnolia Square Court
  Aberdeen NC 28315
UpdatedOctober 27th, 2020
TypeIndustrial
Price$245,000

Property Description

9.00%+ Cap Rate, great investment property. Centrally located in the Magnolia Square Business Park in the Aberdeen NC area with easy access to Pinehurst and Southern Pines. Multiple offices with private bathrooms. 6 office unit. Unit is located in business park with neighboring offices of medical and chiropractic practices, attorney(s), CPAs, financial planners and health and beauty businesses. Magnolia Square Park is adjacent to proposed 7 acre mixed use shopping center which calls for retail and restaurant spaces. Long term lease in place with 3 years+ remaining. Association dues are approximately $1600 per year with assessments for any special projects approved by association.


Financials


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