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Styron Newport Property, LLC 126 Hibbs Road Ext 7,680 SF Industrial Building Newport, NC 28570 $1,649,000 ($214.71/SF)
Investment Highlights
- Highly visible location.
- Signalized intersection.
- New construction completed 2024.
- Move-in ready.
Executive Summary
Seller will consider a triple net ground lease at the base rate of $1.04 per square foot per month.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$96,000
|
$12.50
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$96,000
|
$12.50
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $96,000 |
| Annual Per SF | $12.50 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $96,000 |
| Annual Per SF | $12.50 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $1,649,000 | Lot Size | 2.09 AC |
| Price Per SF | $214.71 | Rentable Building Area | 7,680 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Sale Condition | Business Value Included | Year Built | 2024 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Ratio | 1.69/1,000 SF |
| Building Class | C | No. Drive In / Grade-Level Doors | 3 |
| Zoning | C - Commercial | ||
| Price | $1,649,000 |
| Price Per SF | $214.71 |
| Sale Type | Investment or Owner User |
| Sale Condition | Business Value Included |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 2.09 AC |
| Rentable Building Area | 7,680 SF |
| No. Stories | 1 |
| Year Built | 2024 |
| Tenancy | Single |
| Parking Ratio | 1.69/1,000 SF |
| No. Drive In / Grade-Level Doors | 3 |
| Zoning | C - Commercial |
Amenities
- Controlled Access
- Fenced Lot
- Signage
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
- Perimeter Security Fence
Utilities
- Lighting - Fluorescent
- Water - City
- Sewer - Septic Field
- Heating - Electric
About 126 HIBBS ROAD EXT , NEWPORT, NC 28570
Located at the southwest corner and fully signalized intersection of HWY 24 and Hibbs Rd. ext, highly visible rare prime HWY 24 position. Fenced, gravel/asphalt on-site drainage retention pond, customer parking spaces, one ADA compliant handicapped parking space. (Please see attached Brochure for complete details.)
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Styron's Tree Service, LLC
- -
- 7,680 SF
- -
- Dec 2025
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Styron's Tree Service, LLC | - | 7,680 SF | - | Dec 2025 |
1 1
Property Taxes
| Parcel Number | 6336.03.32.3521000 | Improvements Assessment | $701,525 |
| Land Assessment | $129,645 | Total Assessment | $831,170 |
Property Taxes
Parcel Number
6336.03.32.3521000
Land Assessment
$129,645
Improvements Assessment
$701,525
Total Assessment
$831,170
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Styron Newport Property, LLC
Styron Newport Property, LLC | 126 Hibbs Road Ext
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