3750 E Nc 90 Highway, Hiddenite, NC 28636

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List Price
$350,000
MLS#
4403038
Status
ACTIVE
Property Type
Commercial Sale
Distressed Property
Yes
Year Built
1960
Days on Market
121
Lot Size
59,677
Lot Size Area
1.37
County
Alexander

Property Description

Offering a compelling opportunity to acquire a stabilized, fully leased flex investment property at a 10% cap. Produces immediate, predictable cash flow under a lease structure that minimizes landlord responsibilities while maximizing income certainty. The property comprises approximately 4,200 square feet of industrial/flex space situated on 1.37 acres with direct Highway 90 frontage. The tenant occupies under a lease extending through September 30, 2030, with contractual 3% annual rental escalations and a five-year renewal. Tenant is very happy with location. Well suited for private investors, 1031 exchange buyers, and passive income investors seeking institutional-quality lease structure at an accessible entry price.

Additional Information

Driveway
Paved
Special Conditions
Subject to Lease

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Calculator source: Real Geeks

Listing courtesy of The Virtual Realty Group. erikamcnew@gmail.com

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