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600 Park Drive
Statesville, NC 28677
Asking Price
Contact for price
Asset Type
Flex Industrial
Class
Class B
What's Special
Industrial | 38,841 SqFt <ul><li>IN-PLACE INCOME WITH MEANINGFUL LEASE-UP UPSIDE - The property provides immediate cash flow through two in-place NNN tenants while maintaining significant upside through the lease-up of approximately 51% currently vacant space. This structure allows investors to generate near-term income while creating a clear path to NOI growth through leasing execution.</li><li>FLEXIBLE SMALL-BAY INDUSTRIAL FUNCTIONALITY - The four-suite configuration, combined with dock-high loading, drive-in access
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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
