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Gannett Co, Inc. 1893 Remount Rd

82,059 SF 100% Leased Industrial Building Gastonia, NC 28054 £5,416,824 (£66/SF) 6.50% Net Initial Yield

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

Attachments

Gastonia NC - Gannett Co. Inc

Property Facts

Price £5,416,824 Lot Size 6.43 AC
Price Per SF £66 Rentable Building Area 82,059 SF
Sale Type Investment NNN Number of Floors 1
Net Initial Yield 6.50% Year Built 1990
Property Type Industrial Parking Ratio 1.33/1,000 SF
Property Subtype
Warehouse
  • General Retail Freestanding
  • General Retail Storefront Retail/Office
  • Industrial Distribution
 No. Dock-High Doors/Loading 3
Building Class B
Price £5,416,824
Price Per SF £66
Sale Type Investment NNN
Net Initial Yield 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
Number of Floors 1
Year Built 1990
Parking Ratio 1.33/1,000 SF
No. Dock-High Doors/Loading 3
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1893 Remount Rd, Gastonia, NC - aerial map view

PROPERTY TAXES

Parcel Number 119445 Improvements Assessment £3,294,033
Land Assessment £1,022,992 Total Assessment £4,317,025

PROPERTY TAXES

Parcel Number
119445
Land Assessment
£1,022,992
Improvements Assessment
£3,294,033
Total Assessment
£4,317,025

zoning

Zoning Code OFF10 (C-3 General Business District)
OFF10 (C-3 General Business District)
(619) 349-7460

  • Listing ID: 31624885

  • Date on Market: 26/04/2024

  • Last Updated:

  • Address: 1893 Remount Rd, Gastonia, NC 28054

The Industrial Property at 1893 Remount Rd, Gastonia, NC 28054 is currently available For Sale. Contact SRS Real Estate Partners for more information.

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1893 Remount Rd, Gastonia, NC for sale Building Photo- Image 1 of 6
Gastonia NC - Gannett Co. Inc_Page_01
1893 Remount Rd, Gastonia, NC for sale Aerial- Image 2 of 6
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1893 Remount Rd, Gastonia, NC for sale Building Photo- Image 3 of 6
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1893 Remount Rd, Gastonia, NC for sale Building Photo- Image 4 of 6
Gastonia NC - Gannett Co. Inc10
1893 Remount Rd, Gastonia, NC for sale Site Plan- Image 5 of 6
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© 2024 CoStar Group

Gannett Co, Inc. | 1893 Remount Rd
(619) 349-7460 x

Gannett Co, Inc. | 1893 Remount Rd

Matt McNeill

(619) 349-7460

(619) 349-7460

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