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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)

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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.

ATTACHMENTS

STYRON NEWPORT PROPERTY

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
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

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
6336.03.32.3521000
Land Assessment
$129,645
Improvements Assessment
$701,525
Total Assessment
$831,170
  • Listing ID: 35846026

  • Date on Market: 5/13/2025

  • Last Updated:

  • Address: 126 Hibbs Road Ext, Newport, NC 28570

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