2753 & 85 US Hwy 220 Business South

18,575 +/- SF of General Business (B-2) property on US Hwy 220 S, Asheboro. Stable printing company tenant with over 5 years remaining on the current lease and expected to continue be a long term tenant. Cap rate based on asking price and current 2013 appraisal. Nice property in good condition and very well maintained. High traffic location. Multi-purpose building (13,575 +/-SF includes offices, shop/production area and warehouse). Gas fired 10 ton heating and cooling system, 220 volt, 3-phase electrical and electrical power conditioner to 'purify' electric service and avoid fluctuations. Separate 5,000 +/- SF warehouse bulding with 16 - 18 ft ceilings, metal halide lights, heated & cooled. Both buildings have 5" + of concrete floor thickness.

Bldg 1 - built in 1989 with addition built in 1996

Bldg 2 - built in 2004

Property includes 2753 and 2785 US Hwy 220 Business South, Asheboro

Property Details
Property Type Industrial: Investment
Zoning B-2
Address 2753 & 2785 US Highway 220 South
Asheboro, NC 27205
County Randolph
For Sale/Lease Sale
Ceiling Heights 16 - 18 ft
Dock High Doors 2 Doors
Drive In Doors 3 Doors
Year Built 1989
Year Renovated 1996
City Water No
City Sewer No
Total Sales Price $590,000.00
Sales $/SF $31.77
Total SF Available 18,575
Total Acres Available 2.39
Property Documents Brochure

Property Broker

Rick Baker

Contact: rbaker@bipinc.com

Phone: 336.544.8013

Property Map

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