3750 NC 90 Highway, Hiddenite, North Carolina, United States, 28636
350,000
Pending
About the property:
3750 Highway 90 E presents a compelling opportunity to acquire a stabilized, fully leased industrial/flex investment property in Alexander County, North Carolina. The asset 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. Mixed-use zoning affords future flexibility for a wide range of commercial and light industrial uses. The tenant occupies under a lease extending through September 30, 2030, with contractual 3% annual rental escalations. The seller has advised that the tenant has already expressed interest in extending occupancy through an additional five-year renewal period. Well suited for private investors, 1031 exchange buyers, and passive income investors seeking institutional-quality lease structure at an accessible entry price. Investment Highlights: 100% occupied with a current lease through September 2030 and contractual 3% annual escalations built into the lease. Offered at $350,000, an accessible price point for a fully stabilized, income-producing commercial asset. Direct frontage on Highway 90 E ensures strong visibility and accessibility for commercial and logistics-oriented uses. Tenant has already expressed interest in renewing for an additional five-year term, signaling strong occupancy confidence. Net-lease structure limits day-to-day landlord responsibilities, making this an ideal passive investment. An ideal replacement property for 1031 exchange buyers seeking to defer capital gains while acquiring stabilized income.
- Property Type:
- WAREHOUSE/OFFICE
- Status:
- Pending
- House Style:
- Other
- Acres:
- 1.37
- Heating Type:
- 0
- Is Industrial:
- Yes
- Is Investment:
- Yes
- Is Institutional:
- Yes
- Is Land:
- Yes
- Is Media:
- Yes
- Is Mix:
- Yes
- Is Office:
- Yes
- Is Other:
- Yes
- Is Spa:
- Yes
- Is Unit:
- Yes
- Is Warehouse:
- Yes
- Listing ID:
- CAR4403038
Rooms
Dimensions
Brokered by:
The Virtual Realty Group, Firm #213840
Presented By: