3750 E Nc 90 Highway, Hiddenite, NC 28636

$350,000

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Listing courtesy of The Virtual Realty Group. erikamcnew@gmail.com

List Price
$350,000
MLS#
4403038
Status
ACTIVE
Days on Market
18
Property Type
Commercial Sale
Distressed Property
Yes
Year Built
1960
Lot Size
59,677
Lot Size Area
1.37
County
Alexander
Special Conditions
Subject to Lease

Property 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.

Additional Information

Driveway
Paved

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