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±242,256 SF Warehouse on ±36.93 acres 1000 Chain Dr 242,256 SF 100% Leased Industrial Building Morganton, NC 28655 $7,252,145 ($29.94/SF) 7% Cap Rate
Investment Highlights
- ±242,256 SF on ±36.93 acres
- 16 dock high doors and 4 drive-in doors
- (1) 2-ton crane & (1) 10-ton overhang bridge with 45’ span
- Fully occupied by 2 tenants with 76,665 SF coming available in 90 days - contact broker for lease details
- Heavy power with substation on site
- 100% wet system
Executive Summary
Property Facts
Amenities
- Signage
- On-Site Power Generation
Utilities
- Lighting - Sodium
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Jackson Paper
- -
-
99,999 SF
- -
- -
- Timken
- -
-
99,999 SF
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Jackson Paper | - | 99,999 SF | - | - | ||
| Timken | - | 99,999 SF | - | - |
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
This ±76,665 SF industrial space is available for lease within a larger ±242,256 SF facility, located conveniently off I-40. The space features 1 dock-high door and 3 drive-in doors, ceiling heights of 23’10”–30’5”, and 10” Steel H columns spaced 48’x48’. Tenants benefit from a 2-ton and 10-ton overhang bridge crane (45’ span), heavy power with an on-site substation, and a 100% wet fire suppression system. Offices are air-conditioned, and the building is fully heated. Zoned General Industrial, this flexible space is ideal for manufacturing or warehouse operations.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 76,655 SF | Industrial | Full Build-Out | 90 Days |
1st Floor
| Size |
| 76,655 SF |
| Space Use |
| Industrial |
| Condition |
| Full Build-Out |
| Available |
| 90 Days |
1st Floor
| Size | 76,655 SF |
| Space Use | Industrial |
| Condition | Full Build-Out |
| Available | 90 Days |
This ±76,665 SF industrial space is available for lease within a larger ±242,256 SF facility, located conveniently off I-40. The space features 1 dock-high door and 3 drive-in doors, ceiling heights of 23’10”–30’5”, and 10” Steel H columns spaced 48’x48’. Tenants benefit from a 2-ton and 10-ton overhang bridge crane (45’ span), heavy power with an on-site substation, and a 100% wet fire suppression system. Offices are air-conditioned, and the building is fully heated. Zoned General Industrial, this flexible space is ideal for manufacturing or warehouse operations.
Property Taxes
| Parcel Number | 17612 | Improvements Assessment | $5,278,620 |
| Land Assessment | $678,950 | Total Assessment | $5,957,570 |
Property Taxes
Contacts
-
Christian Samartino -
Scott Hensley CCIM, SIOR -
Lester Osborn -
Piedmont Properties of the Carolinas, Inc.
Presented by
±242,256 SF Warehouse on ±36.93 acres | 1000 Chain Dr
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