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    2010 Eastern Industrial Dr Newton, NC 28658

    Sponsored
    For Lease
    $10 SF/Yr

    New 40,000 SF warehouse in prime location.

    Lot size:
    40,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 40,000-square-foot warehouse, situated at 2010 South Eastern Industrial Drive in Newton, North Carolina, presents a remarkable opportunity for businesses seeking a modern and efficient industrial space. Completed in 2024, this single-tenant facility is located within the Fairgrove Business Park, offering convenient access to Highway 70. The building boasts a robust construction, featuring concrete pre-cast panel walls and a mechanically attached TPO roof with R-15 insulation, ensuring both durability and energy efficiency. The warehouse floor is a substantial 6-inch steel-reinforced slab, reinforced with 35 pounds per cubic yard of 4D 65/60BG steel fibers, capable of supporting heavy loads. The high ceilings, measuring 28 feet, provide ample vertical space for various industrial operations. Ideal for light manufacturing, packaging, or distribution, this property offers a strategic location, approximately one hour from Charlotte Douglas International Airport, facilitating seamless logistics and transportation. The property is located in Catawba County, NC, zip code 28658. The entire 40,000 square feet is currently vacant and ready for immediate occupancy.

    Property Features for 2010 Eastern Industrial Dr

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    40,000 SF
    Total Rate
    34166.67

    Building Details

    Year Built
    2024

    Unit(s) available at that property

    Space
    Available Space
    Size
    40,000 SF
    Rate per SF
    $10

    HighLights

    • 4" city water line stubbed to building.
    • 4" city sewer line stubbed to building.
    • Tenant responsible for Duke Energy service.
    • 4" natural gas line adjacent to site.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Map

    City
    Newton
    County
    Catawba
    State
    North Carolina
    Longitude
    -81.2514193
    Latitude
    35.6874018

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    FAQs

    What type of property is this?
    Distribution property - New 40,000 SF warehouse in prime location.
    Where is this distribution property located?
    The property is located at 2010 Eastern Industrial Dr Newton, NC.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: 4" city water line stubbed to building.; 4" city sewer line stubbed to building.; Tenant responsible for Duke Energy service.
    Request Owner's contact information
    2010 Eastern Industrial Dr Newton, NC 28658
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2010 Eastern Industrial Dr Newton, NC 28658
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