Property profile

2010 Eastern Industrial Dr Newton, NC 28658

OFF-MARKET
Warehouses
40,000 SF Built 2024
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Property summary

AI-generated overview

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 profile

Verified
Property type Warehouses
Year built 2024
Total area 40,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2010 Eastern Industrial Dr Newton, NC 28658
Newton metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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