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27818288
27818283

1000 Chain Dr, Morganton, NC 28655

SH
NC NC 194282, SC SC 13492
Piedmont Properties
CS
NC NC 293351, SC SC 107609 (+1)
Piedmont Properties
LO
NC NC 130553, SC SC 22000 (+1)
Piedmont Properties
Listed by Piedmont Properties
$7,317,473
265 days on market
Updated 83 days ago
Opportunity zone

1000 Chain Dr - ±242,256 SF Industrial For Sale

Details
Property Type Industrial
Sub Type Distribution, Manufacturing (+1)
Square Footage 242,256
Cap Rate 7%
NOI $512,223
Occupancy 100%
Tenancy Multi
Lease Type NNN
Price per SqFt $30
Year Built 1980
Buildings 1
Acreage 36.930
Zoning General Industrial
Investment Type Net Lease
Ground Lease No
Ceiling Height 23’10” - 30’5”
Dock High Doors 16

Industrial For Sale | 242,256 SF on ±36.93 acres | Morganton, NC

Marketing description

- ±242,256 SF on ±36.93 acres

- Currently occupied by 2 tenants with 76,666 SF coming available in 90 days

- 16 dock high door

- 4 drive-in doors

- Ceiling height: 23’10” - 30’5”

- Column spacing: 10” Steel H - 48’x48’

- Cranes (1) 2-ton

(1) 10-ton overhang bridge with 45’ span

- Heavy power - substation on site

- Sprinklers: 100% wet system

- HVAC Air conditioning in offices only

- Building 100% heated

- Year built: 1980

- Zoning: General Industrial

Investment highlights

1000 Chain Drive, Morganton, NC - This ±242,256 SF industrial facility sits on ±36.93 acres and is located just off I-40 in Morganton. The property is currently fully occupied with 2 tenants with 76,665 SF coming available in 90 days. Built in 1980 and zoned General Industrial, the property features 16 dock-high doors, 4 drive-in doors, and ceiling heights ranging from 23’10” to 30’5”, supported by 10” Steel H columns spaced 48’x48’. The building includes a 2-ton and 10-ton overhang bridge crane with a 45’ span, heavy power with an on-site substation, and a 100% wet fire suppression system. Offices are air-conditioned, and the entire building is fully heated. This versatile facility is ideal for manufacturing, distribution, or warehouse operations seeking a well-equipped industrial property in the Morganton market.

Listing Contacts

SH
NC NC 194282, SC SC 13492
Piedmont Properties
CS
NC NC 293351, SC SC 107609 (+1)
Piedmont Properties
LO
NC NC 130553, SC SC 22000 (+1)
Piedmont Properties
Listed by Piedmont Properties

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Loan Amount
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Annual Cash Flow
$512,223.11
$42,685.26/mo

Valuation Metrics

0
DSCR
7%
Cap Rate
7%
ROI

Map

Zoning

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EID IndustrialExclusive Industrial District
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Last updated Feb 11, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Scott Hensley, CCIM, SIOR
License
NC 194282
Brokerage Phone
7043751101
Name
Christian Samartino, SIOR
License
NC 293351
Brokerage Phone
7043751101
Name
Lester E. Osborn, CCIM, SIOR
License
NC 130553
Brokerage Phone
7043751101
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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