1000 Chain Dr

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1000 Chain Dr

Morganton, NC 28655
Asking Price
$7.32M
Asset Type
Industrial
Class
Class B

What's Special

1000 Chain Drive is situated in a primary industrial corridor within Morganton, North Carolina, approximately 2.5 miles from Interstate 40. The neighborhood character is defined by large-scale manufacturing and distribution facilities, providing an established commercial environment. The site is located within minutes of the downtown business district, offering convenient access to local dining and retail amenities. Its proximity to major thoroughfares facilitates regional connectivity to Hickory and Asheville, supporting streamlined logistics and transportation requirements. This industrial asset is suitable for domestic manufacturing, regional distribution, and bulk warehouse operations. The property’s layout and location align with the needs of logistics firms, textile producers, and commercial suppliers requiring proximity to established supply chains. Typical tenants include organizations seeking a central Western North Carolina hub that integrates functional production space with efficient access to the state’s interstate network.

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NOI
$80,000
Cap Rate
1.09%
DSCR
0.18
Underwater
Cash-on-Cash
-16.15%
Monthly Payment
$36,202.864
Annual Cash Flow
$-354,434.366

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