1108 9th Avenue NE

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1108 9th Avenue NE

Hickory, NC 28601
Asking Price
$1.00M
Asset Type
Warehouse Industrial
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Industrial warehouse located in Hickory North Carolina
  • Total building footprint measures 10260 square feet
  • Asset listed for sale at 1000000 dollars
  • Suitable for light manufacturing and regional distribution
  • Situated in a well established industrial submarket

What's Special

Hickory serves as a central hub within the North Carolina foothills, benefiting from established logistics infrastructure and regional connectivity. This industrial warehouse property is positioned at 1108 9th Avenue NE and encompasses 10,260 square feet of space. The asset is available for purchase, presenting a functional layout suitable for regional distribution, light manufacturing, or equipment storage operations. Investors and business owners seeking space in this growing manufacturing and industrial corridor will find this site well-suited for varied operational needs. The building profile aligns with typical requirements for businesses requiring efficient access to local transportation networks. Its configuration provides a straightforward footprint for companies expanding their reach within the Catawba Valley area. Prospective buyers can utilize the facility to house existing inventory, assembly processes, or logistics equipment while taking advantage of the site's proximity to regional highways that link local commerce to larger state corridors.

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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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