For Sale
$3,700,000

1218 Hickory Chapel RdHigh Point, NC 27260

Three Buildings, Owner-User Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional industrial portfolio in High Point, North Carolina, presents a compelling owner-user opportunity. Comprising three buildings totaling approximately 80,500 square feet situated on 7.64 acres of land, this property offers significant flexibility. The buildings, constructed in 1972, 1982, and renovated in 1995, are strategically located at 1200, 1210, and 1218 Hickory Chapel Rd, High Point, NC 27260, within Guilford County. The property is zoned LI and RM-16, providing versatility for various industrial uses. Building 1218 boasts six dock-high doors, three grade-level doors, and clear heights ranging from 10'7" to 11'7". Building 1210 features three dock-high doors and clear heights between 11'4" and 12'9", while Building 1200 offers two dock-high doors and 11'9" clear heights. All buildings are equipped with sprinkler systems and 240-volt, 3-phase power; Building 1218 also has 600-volt, 3-phase power. The property's location provides convenient access to major interstates and the Piedmont Triad International Airport (GSO). With approximately 77% of the total space dedicated to warehouse use, this portfolio is priced at $3,700,000, or $46 per square foot, significantly below replacement cost. The submarket vacancy rate is less than 3%, indicating high demand for industrial facilities in the Triad area. This is a rare opportunity to acquire a well-maintained, strategically located industrial portfolio in a thriving market. The property is currently vacant.

Highlights

  • Industrial-flex owner-user opportunity in the Greensboro MSA.
  • Three buildings totaling 80,500 square feet on a 7.64-acre site.
  • Excellent access to major interstates and Piedmont Triad International Airport (GSO).
  • Building 1218: six dock-high doors, three grade-level doors, 10'7"-11'7" clear height.
  • Building 1210: three dock-high doors, 11'4"-12'9" clear height.
  • Building 1200: two dock-high doors, 11'9" clear height.

Property Details for 1218 Hickory Chapel Rd

Property type
Warehouses, Industrial properties
Year Renovated
1995
Buildings
3
Stories
1
Lot Size (sq. ft)
332,798 SF
Units
3

Location Insight

City
High Point
County
Guilford
State
North Carolina
Latitude
35.9532394
Longitude
-79.9704155
1218 Hickory Chapel Rd, High Point, North Carolina

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1218 Hickory Chapel Rd
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