This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

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

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

Property Facts

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

PROPERTY TAXES

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)
  • Listing ID: 31624885

  • Date on Market: 2024-04-26

  • Last Updated:

  • Address: 1893 Remount Rd, Gastonia, NC 28054

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}