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1860 Main Ave SE 70 000 pi² Industriel Immeuble Hickory, NC 28602 4 437 034 $ CAD (63,39 $ CAD/pi²) 7,25% Taux de capitalisation
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Faits saillants de l'investissement
- The tenant covers real estate taxes, insurance, utilities, and all property maintenance under the NN lease
- The passive structure suits 1031-exchange and out-of-state buyers seeking low-management income
- The ±70,000 SF building (8,135 SF office / 61,865 SF warehouse) accommodates office, manufacturing, and warehouse uses
- Landlord obligations are limited to the roof, exterior walls, and structure, minimizing ownership duties
- In-place rent of approximately $3.27/SF sits roughly 27% below the $4.50/SF Hickory infill industrial market
- 16’ clear height, one drive-in door, and seven dock-high doors support light-industrial and distribution users
Résumé de l'annonce
RIPCO Real Estate is pleased to offer for sale 1860 Main Avenue SE, a ±70,000 square foot single-tenant office and warehouse building on ±3.86 acres at the hard
corner of Main Avenue SE and 19th Street SE in Hickory, North Carolina. The property is leased on a NN basis to Cable Materials Center LLC, personally guaranteed
by both principals, at a current annual base rent of $229,029 ($3.27/SF), with 2 years of term remaining. In-place rent of roughly $3.27/SF sits approximately 27%
below prevailing market rents of $4.50/SF for comparable Hickory infill industrial space, establishing a defensive, below-market basis that protects the downside and
incentivizes renewal. Cable Materials Center provides tapes and high-quality protective cable materials to Corning Incorporated, one of the largest fiber optic cable
manufacturers in the world. In January 2026, Corning signed a multi-year, up to $6 billion agreement with Meta (NASDAQ: META) to supply specialized fiber-optic cables
for Meta’s U.S. AI data centers. Within 3 miles, the population is 39,663 with an average household income of $86,398.
The asset would be an attractive opportunity for investors seeking durable, in-place income at a below-market basis, in a supply-constrained Southeastern manufacturing
market that produces up to 40% of the nation’s fiber-optic cable.
corner of Main Avenue SE and 19th Street SE in Hickory, North Carolina. The property is leased on a NN basis to Cable Materials Center LLC, personally guaranteed
by both principals, at a current annual base rent of $229,029 ($3.27/SF), with 2 years of term remaining. In-place rent of roughly $3.27/SF sits approximately 27%
below prevailing market rents of $4.50/SF for comparable Hickory infill industrial space, establishing a defensive, below-market basis that protects the downside and
incentivizes renewal. Cable Materials Center provides tapes and high-quality protective cable materials to Corning Incorporated, one of the largest fiber optic cable
manufacturers in the world. In January 2026, Corning signed a multi-year, up to $6 billion agreement with Meta (NASDAQ: META) to supply specialized fiber-optic cables
for Meta’s U.S. AI data centers. Within 3 miles, the population is 39,663 with an average household income of $86,398.
The asset would be an attractive opportunity for investors seeking durable, in-place income at a below-market basis, in a supply-constrained Southeastern manufacturing
market that produces up to 40% of the nation’s fiber-optic cable.
Salle de données Cliquez ici pour accéder à
Faits sur la propriété
| Prix | 4 437 034 $ CAD | Aire du bâtiment louable | 70 000 pi² |
| Prix par pi² | 63,39 $ CAD | Nombre d’étages | 1 |
| Type de vente | Investissement | Année de construction | 1957 |
| Taux de capitalisation | 7,25% | Location | Unique |
| Type de propriété | Industriel | Effacer hauteur du plafond | 18’ |
| Sous-type de propriété | Entrepôt | Nbre de quais à portes élevées/de chargement | 7 |
| Classe d’immeuble | B | Nbre d’entrées dans les portes/au niveau du sol | 1 |
| Taille du lot | 3,86 AC | ||
| Zonage | IND - IND - Industrial (City of Hickory) | ||
| Prix | 4 437 034 $ CAD |
| Prix par pi² | 63,39 $ CAD |
| Type de vente | Investissement |
| Taux de capitalisation | 7,25% |
| Type de propriété | Industriel |
| Sous-type de propriété | Entrepôt |
| Classe d’immeuble | B |
| Taille du lot | 3,86 AC |
| Aire du bâtiment louable | 70 000 pi² |
| Nombre d’étages | 1 |
| Année de construction | 1957 |
| Location | Unique |
| Effacer hauteur du plafond | 18’ |
| Nbre de quais à portes élevées/de chargement | 7 |
| Nbre d’entrées dans les portes/au niveau du sol | 1 |
| Zonage | IND - IND - Industrial (City of Hickory) |
Principaux locataires
- Locataire
- Secteur
- pi² Occupé
- Loyer/pi²
- Type de bail
- Fin du bail
- Cable Materials
- -
- -
- -
- Loyer hypernet
- Sept. 2030
| Locataire | Secteur | pi² Occupé | Loyer/pi² | Type de bail | Fin du bail | |
| Cable Materials | - | - | - | Loyer hypernet | Sept. 2030 |
1 1
Assez accessible à pied
50/100
Exceptionnellement adapté aux voitures
90/100
Relativement accessible en vélo
20/100
Impôts fonciers
| Numéro de lot | 3712076903130000 | Évaluation des bâtiments | 3 037 642 $ CAD |
| Évaluation du terrain | 209 841 $ CAD | Évaluation totale | 3 247 483 $ CAD |
Impôts fonciers
Numéro de lot
3712076903130000
Évaluation du terrain
209 841 $ CAD
Évaluation des bâtiments
3 037 642 $ CAD
Évaluation totale
3 247 483 $ CAD
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1860 Main Ave SE
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