This Industrial Property is no longer advertised on LoopNet.com.
280 Performance Dr
Hickory, NC 28602
Industrial Property For Sale
INVESTMENT HIGHLIGHTS
FIBER-LINE to sign a ten (10) year lease renewal, start date 11/1/2022 to 10/31/2032.
NNN’s at $1.26 per SF with 2% Annual increases.
Renewal Options: Two five (5) year lease renewal options at Market Rent , 12 month renewal notice to Landlord.
Starting Rental rate at $6.02 per SF with 2% Annual increases.
A Management fee and Building reserve included in the NNN’s.
PROPERTY FACTS
Property Type
Industrial
Property Subtype
Warehouse
Building Class
B
Lot Size
8.01 AC
Rentable Building Area
118,000 SF
No. Stories
1
Year Built
2001
Tenancy
Single
Parking Ratio
0.4/1,000 SF
Clear Ceiling Height
20’
No. Dock-High Doors/Loading
7
No. Drive In / Grade-Level Doors
2
PROPERTY TAXES
Parcel Number
3722092723560000
Improvements Assessment
$6,749,400
Land Assessment
$483,600
Total Assessment
$7,233,000
ZONING
Zoning Code
IND (Commercial)