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25713987
23530649

410 Oakland Dr, Lowell, NC 28098

JR
NC NC 348991
MECA Commercial Real Estate
Listed by MECA Commercial Real Estate
$1,850,000
333 days on market
Updated 67 days ago

Oakland Drive

Details
Property Type Industrial
Sub Type Manufacturing
Square Footage 17,600
Net Rentable (SqFt) 17,600
Cap Rate 7.00%
NOI $164,400
Occupancy 100%
Tenancy Multi
Lease Type Gross
Lease Term 5
Lease Expiration 12/29/2027
Remaining Term 2
Rent Bumps Yes
Lease Options N/A
Price per SqFt $105
Year Built 1985
Buildings 2
Stories 1
Acreage 2.800
Zoning IND
Investment Type Value Add
Lease Commencement 02/28/2021
Occupancy Date 02/28/2021
Ceiling Height 16
Loading Docks 1

17,600 SF industrial building for sale, as well as 1,500 SF office building

Marketing description

leases ranging from 3-5 years. 1,500 SF Office building with ample parking, and 1,7600 SF Industrial building with opportunity for outdoor storage in fenced lot of adjacent parcel.

Listing Contacts

JR
NC NC 348991
MECA Commercial Real Estate
Listed by MECA Commercial Real Estate

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$164,400.00
$13,700.00/mo

Valuation Metrics

0
DSCR
8.89%
Cap Rate
8.89%
ROI

Map

Zoning

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IND IndustrialIndustrial
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Last updated Jan 15, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
james rice
License
NC 348991
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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