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Conitex Sonoco 254 Tot Dellinger Rd 65,000 SF Industrial Building Cherryville, NC 28021 $2,900,000 ($44.62/SF) 8.30% Cap Rate



INVESTMENT HIGHLIGHTS
- Located in an Opportunity Zone
EXECUTIVE SUMMARY
This standalone industrial building is available for sale in Cherryville, NC. Built in 1963, this building has a total of +/- 65,000 SF that sits on +/- 9.69 AC. The building has 5 private offices, a dock platform for 2 trailers, 4 dock high doors, and 1 drive in door.
PROPERTY FACTS Under Contract
| Price | $2,900,000 | No. Stories | 1 |
| Price Per SF | $44.62 | Year Built | 1963 |
| Sale Type | Investment | Tenancy | Single |
| Cap Rate | 8.30% | Parking Ratio | 0.77/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 23’9” |
| Building Class | B | No. Dock-High Doors/Loading | 5 |
| Lot Size | 10.00 AC | No. Drive In / Grade-Level Doors | 4 |
| Rentable Building Area | 65,000 SF | Opportunity Zone |
Yes
|
| Zoning | M-1 | ||
| Price | $2,900,000 |
| Price Per SF | $44.62 |
| Sale Type | Investment |
| Cap Rate | 8.30% |
| Property Type | Industrial |
| Building Class | B |
| Lot Size | 10.00 AC |
| Rentable Building Area | 65,000 SF |
| No. Stories | 1 |
| Year Built | 1963 |
| Tenancy | Single |
| Parking Ratio | 0.77/1,000 SF |
| Clear Ceiling Height | 23’9” |
| No. Dock-High Doors/Loading | 5 |
| No. Drive In / Grade-Level Doors | 4 |
| Opportunity Zone |
Yes |
| Zoning | M-1 |
UTILITIES
- Water - City
- Sewer - Septic Field
1 1
PROPERTY TAXES
| Parcel Number | 158944 | Improvements Assessment | $555,460 |
| Land Assessment | $102,720 | Total Assessment | $658,180 |
PROPERTY TAXES
Parcel Number
158944
Land Assessment
$102,720
Improvements Assessment
$555,460
Total Assessment
$658,180
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Conitex Sonoco | 254 Tot Dellinger Rd
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