Building Details

Building Size 171,799 SF

Year Built 1962

Tenancy Single

Listing Agency: Boyd & Hassell Industrial & Commercial Properties, Inc. b***@bhicp.com Show Phone

Listed By: Barrett Mitchell · License #NC 267298

Source: Crexi

Added: Feb 7, 2024 Changed: Aug 21 Last Checked: Aug 26 at 3:54PM

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Investment Insights

Based on property information with market context.

This 171,799 square foot industrial building is available for lease in downtown Valdese, North Carolina. Situated on Main Street, it provides convenient access to I-40. The property features recent upgrades, including LED lighting, a partially new roof covering approximately 75,000 square feet, and new gas unit heaters. The building includes over 150,000 square feet with 12-foot clear ceilings and 16,000 square feet with 20-foot-plus clear ceilings. It is equipped with 3-phase power (120/208/480), 13 exterior dock doors, and a wet sprinkler system. The property also offers a fenced lot and paved parking. The owner is responsible for covering taxes and insurance.

Key Highlights

• 171,799 SF Industrial building with easy access to I‑40.
• New improvements including LED Lighting, partial NEW roof (approx. 75,000 sf), and NEW gas unit heaters.
• 150,000+ SF with 12' clear ceilings and 16,000 SF with 20’+ clear ceilings.**

Property Analytics

Property Profile

Current Use

Strings N Things Department Store

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Dental Office Big Box & Wholesale Store Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

168

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 28690, NC

9,124

Population

4,754

Households

1.9

Avg Household Size

47

Median Age

31%

College-Educated

94%

High-School Grad

21.5 sq mi

ZIP Area

424

Density / Sq Mi

$67,974

Median Household Income

$43,593

Median Earnings

$670

Median Rent

$185,000

Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

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Similar Off Market Nearby

• Bingham Storage of Valdese — 1068 US-70, Valdese, NC 28690

Frequently Asked Questions

What type of property is this?

Warehouse - 171,799 SF industrial building with recent improvements for lease.

Where is this warehouse located?

The property is located at 720 Main St W Valdese, NC.

What are key features of this property?

This property features: 171,799 SF Industrial building with easy access to I‑40.; New improvements including LED Lighting, partial NEW roof (approx. 75,000 sf), and NEW gas unit heaters.; 150,000+ SF with 12' clear ceilings and 16,000 SF with 20’+ clear ceilings.**