5216 Hovis Road

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5216 Hovis Road

Charlotte, NC 28208
Asking Price
Contact for price
Asset Type
Warehouse Industrial
Class
Class B

What's Special

5216 Hovis Road, Charlotte, NC 28208 <ul><li>​Building Size: ±32,122 SF</li><li>​IOS Yard: ±2.5 Usable IOS Acres</li><li>​Office Count: (5)</li><li>​Lab Areas (2)</li><li>​Break Rooms (2)</li><li>​Restrooms (office) (2)</li><li>​Warehouse Office (1)</li><li>​Warehouse Restrooms (2)</li><li>​Clear Height: Main Warehouse: 19' 15'6", 2nd Warehouse: 12'4" 9'5"</li><li>​Dock High Doors: (4) 8'X10</li><li>​Drive-In Doors: (2) 12' X 12', (1) 8' X 8'</li><li>​Zoning: ML-2 - Permitted Outdoor Storage & Heavy Manufacturing</li><li>​Sprinkler

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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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