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Gannett Co, Inc. 1893 Remount Rd

82,059 SF 100% Leased Industrial Building Gastonia, NC 28054 $9,731,541 CAD ($119 CAD/SF) 6.50% Cap Rate

Warehouses North Carolina Gastonia 1893 Remount Rd, Gastonia, NC 28054

Investment Highlights

  • Corporate Guarantee – Gannett Co., Inc (NYSE - GCI)
  • 2.1% Annual Rent Increases
  • Covered Land Play
  • Absolute NNN Lease
  • Below Market Rent
  • Value-Add Opportunity

Executive Summary

Single Tenant Absolute NNN | Corporate Guarantee | Annual Rent Increases | Value-Add Opportunity

Attachments

Gastonia NC - Gannett Co. Inc

Property Facts

Price $9,731,541 CAD Lot Size 6.43 AC
Price Per SF $119 CAD Rentable Building Area 82,059 SF
Sale Type Investment NNN No. Stories 1
Cap Rate 6.50% Year Built 1990
Property Type Industrial Parking Ratio 1.33/1,000 SF
Property Subtype
Warehouse
  • General Retail Freestanding
  • General Retail Storefront Retail/Office
  • Industrial Distribution
 No. Dock-High Doors/Loading 3
Building Class B
Price $9,731,541 CAD
Price Per SF $119 CAD
Sale Type Investment NNN
Cap Rate 6.50%
Property Type Industrial
Property Subtype
Warehouse
  • General Retail Freestanding
  • General Retail Storefront Retail/Office
  • Industrial Distribution
Building Class B
Lot Size 6.43 AC
Rentable Building Area 82,059 SF
No. Stories 1
Year Built 1990
Parking Ratio 1.33/1,000 SF
No. Dock-High Doors/Loading 3
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1893 Remount Rd, Gastonia, NC - aerial map view

PROPERTY TAXES

Parcel Number 119445 Improvements Assessment $5,910,297 CAD
Land Assessment $1,835,496 CAD Total Assessment $7,745,793 CAD

PROPERTY TAXES

Parcel Number
119445
Land Assessment
$1,835,496 CAD
Improvements Assessment
$5,910,297 CAD
Total Assessment
$7,745,793 CAD

zoning

Zoning Code OFF10 (C-3 General Business District)
OFF10 (C-3 General Business District)
(760) 622-3225

Contact

  • Listing ID: 31624885

  • Date on Market: 2024-04-26

  • Last Updated:

  • Address: 1893 Remount Rd, Gastonia, NC 28054

The Industrial Property at 1893 Remount Rd, Gastonia, NC 28054 is currently available for sale. Contact SRS Real Estate Partners for more information.

Industrial PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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1893 Remount Rd, Gastonia, NC for sale Building Photo- Image 1 of 6
Gastonia NC - Gannett Co. Inc_Page_01
1893 Remount Rd, Gastonia, NC for sale Aerial- Image 2 of 6
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1893 Remount Rd, Gastonia, NC for sale Building Photo- Image 3 of 6
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1893 Remount Rd, Gastonia, NC for sale Building Photo- Image 4 of 6
Gastonia NC - Gannett Co. Inc10
1893 Remount Rd, Gastonia, NC for sale Site Plan- Image 5 of 6
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Gannett Co, Inc. | 1893 Remount Rd
(760) 622-3225 x

Gannett Co, Inc. | 1893 Remount Rd

Matt McNeill

(760) 622-3225

(760) 622-3225

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