408 Brook St

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408 Brook St

Belmont, NC 28012
Asking Price
Contact for price
Asset Type
Industrial
Class
Class B

What's Special

408 Brook Street is located in the eastern portion of Belmont, North Carolina, situated within a transitioning industrial and residential corridor. The property offers proximity to the historic downtown Belmont district, providing access to local retail, dining, and professional services. Transportation infrastructure is a key feature of this location, with immediate access to Highway 74 (Wilkinson Boulevard) and Interstate 85. These primary thoroughfares facilitate efficient transit to the Charlotte Douglas International Airport and the greater Charlotte metropolitan area. The property is well-suited for light industrial operations, regional distribution, or small-batch manufacturing. Its configuration and location align with the needs of tenants requiring secondary warehousing space or service-oriented industrial hubs. Typical tenants for this asset class include logistics providers, construction trade contractors, and local wholesalers seeking last-mile connectivity to Gaston County and Western Charlotte. The site offers functional utility for businesses prioritizing central access to both regional trade routes and suburban labor pools.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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