804-754-5462
1107 Paola St, Statesville, NC for Sale
Light Distribution - FOR SALE
1/13
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1107 Paola St
Statesville, NC 28677


HIGHLIGHTS

  • 31,956 SF multi tenant flex industrial asset with five units and 100% occupancy
  • NNN lease structures providing diversified in place income
  • Near term leasing upside through contractual rent escalations and mark to market opportunities

OVERVIEW

1107–1113 Paola Street is a 31,956 SF multi tenant flex industrial asset in Statesville, NC, consisting of five units and currently 100% occupied. The property offers diversified in place income with NNN lease structures and opportunities for future rent growth through contractual escalations, tenant rollover and mark to market leasing. The property features 18 foot clear heights, four drive in doors, LI zoning and 0.81 acres. Its location provides convenient access to I 77 and I 40, Downtown Statesville and the greater Charlotte region.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Includes 1107, 1109, 1111, 1113 + 1113A

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

ADD'L SUBTYPES

undefined, Warehouse, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1952

UTILITIES

Lighting, Water, Sewer, Heating

CLEAR CEILING HT

18 Ft

DOCKS

-

DRIVE INS

4

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.81

LAND SF

35,284

ZONING

LI

APN/PARCEL ID

4734-44-6837.000

ASK ABOUT THIS PROPERTY

Jake ViveretteBryant Capital AdvisorsMore Info
804-754-5462

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Jake ViveretteBryant Capital AdvisorsMore Info
804-754-5462

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.