308 E Thom St, China Grove, NC
100,000 square foot warehouse in China Grove, North Carolina.
- Added:
- Apr 4, 2023
- Days on Market:
- 1172
- Last Refresh:
- May 20 at 9:13 pm
Property Features for 308 E Thom St
General Information
- Standard status
- Active
- Size
- 100,000 SF
- Lot size
- 14.42 Acres
- Property subtype
- INDUSTRIAL
Listing agent Vivian Wang (310) 990-6042
Listing office Elevate Crest Properties (310) 990-6042
Listing date Apr 4, 2023
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Elevate Crest Properties
HighLights
- 100,000 square foot warehouse
- Located in China Grove, North Carolina
Overview
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $948.0k | $9.48 |
| − Vacancy | −$77.7k | −$0.78 |
| EGI | $870.3k | $8.70 |
| − OpEx | −$130.5k | −$1.31 |
| NOI | $739.7k | $7.40 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- China Grove
- County
- Rowan
- State
- North Carolina
- Longitude
- -80.5853
- Latitude
- 35.5599
