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258-260 Aviation Dr 258 Aviation Dr 74,577 SF Industrial Building Statesville, NC 28677 $11,500,000 ($154.20/SF) 6.56% Cap Rate
Executive Summary
Class A Industrial Investment | Fully Leased to ADDMAN Group | ±74,000 SF | ±6 Acres | 6.56% Cap Rate
Outstanding single-tenant industrial investment opportunity across from Statesville Regional Airport. This ±74,000 SF Class A facility sits on ±6 acres and is fully leased to ADDMAN Group, a national leader in advanced manufacturing and metal 3D printing. The property features high-end office space, modern HVAC and electrical systems, and ample parking. Positioned just minutes from I-77 and I-40, in a rapidly growing industrial corridor. Stable in-place income with renewal options provides long-term security and value for investors.
Outstanding single-tenant industrial investment opportunity across from Statesville Regional Airport. This ±74,000 SF Class A facility sits on ±6 acres and is fully leased to ADDMAN Group, a national leader in advanced manufacturing and metal 3D printing. The property features high-end office space, modern HVAC and electrical systems, and ample parking. Positioned just minutes from I-77 and I-40, in a rapidly growing industrial corridor. Stable in-place income with renewal options provides long-term security and value for investors.
Property Facts
| Price | $11,500,000 | Lot Size | 6.00 AC |
| Price Per SF | $154.20 | Rentable Building Area | 74,577 SF |
| Sale Type | Investment | No. Stories | 2 |
| Cap Rate | 6.56% | Year Built/Renovated | 1999/2014 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Ratio | 2.63/1,000 SF |
| Building Class | A | No. Drive In / Grade-Level Doors | 10 |
| Zoning | LI - Light Industrial | ||
| Price | $11,500,000 |
| Price Per SF | $154.20 |
| Sale Type | Investment |
| Cap Rate | 6.56% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | A |
| Lot Size | 6.00 AC |
| Rentable Building Area | 74,577 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1999/2014 |
| Tenancy | Single |
| Parking Ratio | 2.63/1,000 SF |
| No. Drive In / Grade-Level Doors | 10 |
| Zoning | LI - Light Industrial |
Utilities
- Lighting
- Gas - Natural
- Water
- Sewer - Septic Field
- Heating
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Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 4713-99-5965.000 | Improvements Assessment | $4,644,540 |
| Land Assessment | $174,000 | Total Assessment | $4,818,540 |
Property Taxes
Parcel Number
4713-99-5965.000
Land Assessment
$174,000
Improvements Assessment
$4,644,540
Total Assessment
$4,818,540
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258-260 Aviation Dr | 258 Aviation Dr