Birkdale Business Park Office Investment
16511 Northcross Drive, Huntersville, North Carolina 28078
Sold: $1,995,000
Property Details
Property Type
Improved property
Building Type
Freestanding
Building Size
11,411 sqft
Land Size
0.1 acres
Zoning
CB(CD)
Year Built
1997
Type
Condominium
Roof
Membrane
Tenancy
Multiple
Parking
on-site
Construction
Masonry
Property Description
Great medical investment opportunity in the extremely popular and fast growing Lake Norman area. Birkdale Business Park is a large office condominium project completed in the late 90’s. Subject building is wholly owned by one investor and is occupied by three medical tenants and a medical billing company.
Offered at just over an 8% cap rate. Tax records show a slightly higher gross building square footage of 11,431 SF.