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34343882
34343885

3750 Highway 90 E, Hiddenite, NC 28636 For Sale

EM
NC 285391, SC 106803
The Virtual Realty Group
Listed by The Virtual Realty Group
$350,000
7 days on market
Updated 7 days ago

Hiddenite Industrial Investment

Details
Property Type Industrial, Mixed Use
Sub Type Flex, Warehouse
Square Footage 4,200
Net Rentable (SqFt) 4,200
Cap Rate 11.14%
NOI $39,000
Occupancy 100%
Tenancy Single
Lease Type Net
Lease Term 5
Lease Expiration 09/30/2030
Rent Bumps Yes
Lease Options One additional 5-year term; tenant has expressed interest in exercising
Price per SqFt $83
Year Built 1960
Buildings 1
Acreage 1.370
Zoning Mixed Use
Investment Type Stabilized
Lease Commencement 10/01/2025
Ground Lease No

Industrial | 11.00% CAP | 4,200 SqFt

Marketing description

3750 Highway 90 E presents a compelling opportunity to acquire a stabilized, fully leased industrial/flex investment property in Alexander County, North Carolina. The asset produces immediate, predictable cash flow under a lease structure that minimizes landlord responsibilities while maximizing income certainty.

The property comprises approximately 4,200 square feet of industrial/flex space situated on 1.37 acres with direct Highway 90 frontage. Mixed-use zoning affords future flexibility for a wide range of commercial and light industrial uses.

The tenant occupies under a lease extending through September 30, 2030, with contractual 3% annual rental escalations. The seller has advised that the tenant has already expressed interest in extending occupancy through an additional five-year renewal period.

Well suited for private investors, 1031 exchange buyers, and passive income investors seeking institutional-quality lease structure at an accessible entry price.

Investment highlights

  • 100% occupied with a current lease through September 2030 and contractual 3% annual escalations built into the lease.
  • Offered at $350,000 — an accessible price point for a fully stabilized, income-producing commercial asset.
  • Direct frontage on Highway 90 E ensures strong visibility and accessibility for commercial and logistics-oriented uses.
  • Tenant has already expressed interest in renewing for an additional five-year term, signaling strong occupancy confidence.
  • Net-lease structure limits day-to-day landlord responsibilities, making this an ideal passive investment.
  • An ideal replacement property for 1031 exchange buyers seeking to defer capital gains while acquiring stabilized income.

Listing Contacts

EM
NC 285391, SC 106803
The Virtual Realty Group
Listed by The Virtual Realty Group

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$39,000.00
$3,250.00/mo

Valuation Metrics

0
DSCR
11.14%
Cap Rate
11.14%
ROI

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Additional Information

Name
Erika McNew
License
285391
Brokerage
The Virtual Realty Group
Brokerage Phone
(888) 407-2410
Brokerage Address
15105 John J Delaney Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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