1200 Hickory Chapel Rd - Light Manufacturing FOR SALE


High Point, NC 27260- Greater High Point
$450,000 USD
704-400-1189
1200 Hickory Chapel Rd, High Point, NC for Sale
$450,000 USD
Light Manufacturing - FOR SALE
1/8
null | Request Cap Rate

1200 Hickory Chapel Rd
High Point, NC 27260
Greater High Point


HIGHLIGHTS

  • Investment Sale Opportunity

OVERVIEW

Building 3 at 1200 Hickory Chapel Road, High Point, NC 27260, a ±8,900 SF fully occupied, standalone industrial facility consisting of approximately ±6,896 SF of warehouse space and ±2,004 SF of office space. Originally constructed in 1982, the property features one dock-high door and one drive-in door and is currently leased through March 31, 2028, providing investors with stable in-place income and a near-term mark-to-market opportunity upon lease rollover. The combination of current occupancy, manageable building size, functional loading and near-term lease expiration creates an attractive opportunity to acquire a small, stabilized industrial asset with a compelling value-add profile. About the Tenant Rodney Rogers Designs occupies approximately 8,900 SF at 1200 Hickory Chapel Road for general warehouse and office use supporting its furniture business. The tenant is in the second year of a three-year lease expiring March 31, 2028. Building Size: ±8,900 SF Warehouse Size: ±6,896 SF Office Size: ±2,004 SF PID: 7810331185 Year Built: 1982/1995 Zoning: LI Air Conditioned: No Heat: Gas Roof: Metal Clear Height: 11’9” Dock Doors: 1 Drive-In Doors: 1 Power: 240 Volt 3 Phase

FOR SALE DETAILS

PRICE

$450,000 USD

PRICE/SF

$51 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1200 Hickory Chapel Rd. Building 3

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1982

UTILITIES

Gas, Water, Sewer

CLEAR CEILING HT

11.75 Ft

DOCKS

1

DRIVE INS

1

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.81

LAND SF

35,284

ZONING

LI

APN/PARCEL ID

0177005

ASK ABOUT THIS PROPERTY

Will AndrewsTrinity PartnersMore Info
704-400-1189

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Will AndrewsTrinity PartnersMore Info
704-400-1189

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