investment property - loopnet · 2019-02-23 · rochester of technical services. two discreet...

15
Presents World Class Media Production/Recording Studio for Sale Investment Property World Class Media Production/Recording Studio for Sale Studio of Concentrix Music and Sound Design, Inc. 3120 Latrobe Dr., Suite 190, Charlotte, NC 28211

Upload: others

Post on 18-Apr-2020

1 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: Investment Property - LoopNet · 2019-02-23 · Rochester of Technical Services. Two discreet electrical systems, one for common areas and one exclusively for studios. All studio

Presents

World Class Media Production/Recording Studio for Sale

Investment Property

World Class Media Production/Recording Studio for Sale

Studio of Concentrix Music and Sound Design, Inc.

3120 Latrobe Dr., Suite 190, Charlotte, NC 28211

Page 2: Investment Property - LoopNet · 2019-02-23 · Rochester of Technical Services. Two discreet electrical systems, one for common areas and one exclusively for studios. All studio
Page 3: Investment Property - LoopNet · 2019-02-23 · Rochester of Technical Services. Two discreet electrical systems, one for common areas and one exclusively for studios. All studio
Page 4: Investment Property - LoopNet · 2019-02-23 · Rochester of Technical Services. Two discreet electrical systems, one for common areas and one exclusively for studios. All studio

Current tenant is Elevation Church based in Charlotte, NC.

Current tenant is Elevation Church

Page 5: Investment Property - LoopNet · 2019-02-23 · Rochester of Technical Services. Two discreet electrical systems, one for common areas and one exclusively for studios. All studio

Elevation Church currently negotiating a new 3 year NNN lease with projected 8.5 cap rate:

Page 6: Investment Property - LoopNet · 2019-02-23 · Rochester of Technical Services. Two discreet electrical systems, one for common areas and one exclusively for studios. All studio

Elevation Church is paying the lease for the use of the Elevation Church Band’s use

for song writing, recording and practicing. Elevation Church Band has been

nominated for several Emmy’s and is considered one of the premier modern

Christian music bands in the world.

The Tenant

Page 7: Investment Property - LoopNet · 2019-02-23 · Rochester of Technical Services. Two discreet electrical systems, one for common areas and one exclusively for studios. All studio
Page 8: Investment Property - LoopNet · 2019-02-23 · Rochester of Technical Services. Two discreet electrical systems, one for common areas and one exclusively for studios. All studio
Page 9: Investment Property - LoopNet · 2019-02-23 · Rochester of Technical Services. Two discreet electrical systems, one for common areas and one exclusively for studios. All studio
Page 10: Investment Property - LoopNet · 2019-02-23 · Rochester of Technical Services. Two discreet electrical systems, one for common areas and one exclusively for studios. All studio
Page 11: Investment Property - LoopNet · 2019-02-23 · Rochester of Technical Services. Two discreet electrical systems, one for common areas and one exclusively for studios. All studio
Page 12: Investment Property - LoopNet · 2019-02-23 · Rochester of Technical Services. Two discreet electrical systems, one for common areas and one exclusively for studios. All studio
Page 13: Investment Property - LoopNet · 2019-02-23 · Rochester of Technical Services. Two discreet electrical systems, one for common areas and one exclusively for studios. All studio

Expenses:

POA: $337/mo.

Special assessment: $201.17/mo for 4 years or $10,000+-

payoff.

Property taxes: $7944.53/year.

Page 14: Investment Property - LoopNet · 2019-02-23 · Rochester of Technical Services. Two discreet electrical systems, one for common areas and one exclusively for studios. All studio
Page 15: Investment Property - LoopNet · 2019-02-23 · Rochester of Technical Services. Two discreet electrical systems, one for common areas and one exclusively for studios. All studio

$775,000 List Price

Peter Rieke, Broker/Realtor in NC, SC with CBRB

Contact:

704-575-1993 (cell/text)

[email protected]

3440 Toringdon Way, Suite 110, Charlotte, NC 28277