321 Industial Park Rd, Rutherfordton, NC
Industrial for Sale - $1,100,000 - 67,826 Sq. Ft. on 8.64 acres

Property Info
| CIMLS# | 65950 |
| Location 321 Industial Park Rd Rutherfordton NC 28139 | |
| Updated | November 26th, 2012 |
| Type | Industrial |
| Price | $1,100,000 |
| Building | 67,826 Sq. Ft. |
| Land | 8.64 acres |
Property Description
Property consists of a 52916 SF masonry and brick structure built in 1968 and 14910 SF metal (25yr warranty) warehouse built in 1997. Features include 3000 SF office space, 40000 SF air conditioned factory space, 7 docks with doors, 1 12'X 16" drive in overhead opening, "wet" sprinkler system with 14" main. Masonry building roof replace in 1992, offices remodeled in 2001. Additional adjoining acreage available with the sale of the property.
Financials
Current rent income of $7900 per month. Tenant pays interior maintenance, insurance ($2,240,000) taxes, utilities. Owner pay $2000 toward insurance and $1000 toward maintenance annually. Current lease expires in June 2013 but another 5 years of lease payments are already agreed on. Tenant has an option to purchase at $1,300,000.
