1242 13th St SW - Manufacturing FOR SALE


Hickory, NC 28602- Outer City Of Hickory
$1,373,000 USD
336-455-2818
1242 13th St SW, Hickory, NC for Sale
$1,373,000 USD
Manufacturing - FOR SALE
1/6
null | 6.75% Cap Rate

1242 13th St SW
Hickory, NC 28602
Outer City Of Hickory


OVERVIEW

Located in Hickory, North Carolina, this ± 10,000 SF building is leased to Putzmeister America, Inc., a global industrial equipment manufacturer. The building is situated on 6.045 acres and is in close proximity to I-40. Recent capital improvements include new office upfit, fenced and graded laydown yard, and four new gas warehouse heaters. Existing NNN lease is through April 2031. Landlord responsibilities limited to roof and structure. Tenant covers $10,000 annually before landlord contributes to any roof cost. 3% Annual increases.

FOR SALE DETAILS

PRICE

$1,373,000 USD

PRICE/SF

$137 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1986

UTILITIES

-

CLEAR CEILING HT

18 Ft

DOCKS

2

DRIVE INS

1

PARKING SPACES

9

LAND DETAILS

LAND ACRES

6.04

LAND SF

263,102

ZONING

IND

APN/PARCEL ID

2792168305360000

ASK ABOUT THIS PROPERTY

Will JonesLinville Team PartnersMore Info
336-455-2818

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Will JonesLinville Team PartnersMore Info
336-455-2818

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