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Blowing Rock Blvd Portfolio 2 Industrial Properties Offered at $4,500,000 in Lenoir, NC
Investment Highlights
- Street visibility with high traffic count.
- All new dock doors with levels and seals.
- Large Ground-level doors.
Executive Summary
Two metal buildings +/-40,000 SF and +/-36,000 SF with enclosed breezeway connector. 40k SF has 20' clng center, 7 dock doors with new levelers/seals, plus 1 ramped drive-in and 2 large ground-level doors. 36k SF is now FULLY LEASED for 5 years to App State University. It has 17' clng center, 3 dock doors with new levelers/seals, plus ground-level door and AC. Ideal for Wholesale, warehouse/distribution and/or manufacturing.
Taxes & Operating Expenses (Pro Forma - 2025) |
Annual |
|---|---|
| Gross Rental Income |
$342,000
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$342,000
|
| Taxes |
$12,000
|
| Operating Expenses |
$30,000
|
| Total Expenses |
$42,000
|
| Net Operating Income |
$300,000
|
Taxes & Operating Expenses (Pro Forma - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $342,000 |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | $342,000 |
| Taxes | |
|---|---|
| Annual | $12,000 |
| Operating Expenses | |
|---|---|
| Annual | $30,000 |
| Total Expenses | |
|---|---|
| Annual | $42,000 |
| Net Operating Income | |
|---|---|
| Annual | $300,000 |
Property Facts
| Price | $4,500,000 | Number of Properties | 2 |
| Price / SF | $59.21 / SF | Individually For Sale | 0 |
| Sale Type | Investment or Owner User | Total Building Size | 76,000 SF |
| Status | Active | Total Land Area | 10.08 AC |
| Price | $4,500,000 |
| Price / SF | $59.21 / SF |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 76,000 SF |
| Total Land Area | 10.08 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1439 Blowing Rock Blvd, Lenoir, NC 28645 | Industrial | 40,000 SF | 1984 | - |
| 1437 Blowing Rock Blvd, Lenoir, NC 28645 | Industrial | 36,000 SF | 1984 | - |
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Blowing Rock Blvd Portfolio
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