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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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3750 E Nc 90 Hwy , Hiddenite, NC 28636
$350,000
Est. Payment: $777.78/mo
0 Bed
0 Bath
0 Sqft
Status: Under Contract-No Show | Days on site: 44
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9727 - 43303
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House 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.

Highlights

Listed by Erika McNew , 704-606-3550 The Virtual Realty Group , 704-674-1475.

Property Type

Commercial Sale

Lot/Acreage
1.37

Year Built

1960

County

Alexander

Listing ID

4403038

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Below Ground Sq Ft:0

Exterior Features

Principal Interest
$778
Taxes
$223

Home Price

$350,000

Loan Details

30 yrs
%

Down Payment

20%
$70,000
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Monthly Price:
$777.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $777.78 $223.13 $0.00 $1,000.90
Yearly $9,333.33 $2,677.50 $0.00 $12,010.83
Total $280,000.00 $80,325.00 $0.00 $360,325.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Hiddenite, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.