Listed by Linville Team Partners
$5,600,000
521 Milling Road
Details
Property Type Industrial
Sub Type Warehouse
Square Footage 185,742
Cap Rate 5.92%
NOI $331,915
Pro-Forma Cap Rate 9.98%
Pro-Forma NOI $559,415
Price per SqFt $30
Buildings 1
Stories 1
Acreage 18.000
Ground Lease No
Ceiling Height 16'
Loading Docks 4
Dock High Doors 7
Industrial/Warehouse | 185,742 SqFt
Marketing description
±185,742 SF available in Mocksville on 18.0 acres, offering ample space for outdoor parking and
storage. The building features ±16’ clear ceiling heights, multiple dock/drive-in doors, a new roof
and is fully sprinklered. The property is served by public water and sewer and equipped with
3,200 amps of 277/480-volt, 3-phase power. Strategically located less than 4 miles from I-40, 2
miles from Highway 64, and under 1 mile from Highway 158, the property is approximately 1
hour to Charlotte and 30 minutes to Winston-Salem. Ownership is willing to modify, improve, or
customize the property, including the addition of dock or drive-in doors, subject to acceptable
lease terms. Estimated NNN charges: ±$0.59/SF.
Listing Contacts
Listed by Linville Team Partners
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$331,915.00
$27,659.58/mo
Valuation Metrics
0
DSCR
5.93%
Cap Rate
5.93%
ROI
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