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1242 13th St SW
Hickory, NC 28602
Industrial Property For Sale
Executive Summary
Located in Hickory, North Carolina, this ± 10,000 SF building is leased to Putzmeister America, Inc., a global industrial equipment manufacturer. The building is situated on
6.045 acres and is in close proximity to I-40. Recent capital improvements include new office upfit, fenced and graded laydown yard, and four new gas warehouse heaters.
Existing NNN lease is through April 2031. Landlord responsibilities limited to roof and structure. Tenant covers $10,000 annually before landlord contributes to any roof cost. 3% Annual increases.
6.045 acres and is in close proximity to I-40. Recent capital improvements include new office upfit, fenced and graded laydown yard, and four new gas warehouse heaters.
Existing NNN lease is through April 2031. Landlord responsibilities limited to roof and structure. Tenant covers $10,000 annually before landlord contributes to any roof cost. 3% Annual increases.
Property Facts
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 6.75% | Year Built | 1986 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Manufacturing | Parking Ratio | 0.9/1,000 SF |
| Building Class | C | Clear Ceiling Height | 18’ |
| Lot Size | 6.04 AC | No. Dock-High Doors/Loading | 2 |
| Rentable Building Area | 10,000 SF | No. Drive In / Grade-Level Doors | 1 |
| Zoning | IND - Industrial | ||
| Sale Type | Investment |
| Cap Rate | 6.75% |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 6.04 AC |
| Rentable Building Area | 10,000 SF |
| No. Stories | 1 |
| Year Built | 1986 |
| Tenancy | Single |
| Parking Ratio | 0.9/1,000 SF |
| Clear Ceiling Height | 18’ |
| No. Dock-High Doors/Loading | 2 |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | IND - Industrial |
Property Taxes
| Parcel Number | 2792168305360000 | Improvements Assessment | $522,388 CAD |
| Land Assessment | $115,920 CAD | Total Assessment | $638,308 CAD |
Property Taxes
Parcel Number
2792168305360000
Land Assessment
$115,920 CAD
Improvements Assessment
$522,388 CAD
Total Assessment
$638,308 CAD
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