140 Vista BoulevardArden, NC 28704Sale Price: $8,000,000

  • Sale Price: $8,000,000
  • 125 Days Since Sale
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Federal 30-year interest rate: 6.08% last updated on Sep 26, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $8,107,531List Price
  • 9.4Acreage
  • 55,620Square Feet

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This stunning facility is a one-of-a-kind Sale/Leaseback investment opportunity for a well-established 100-year-old company. The Company, Reich, is a leading manufacturer of turned parts such as transmission and steering system components, ball bearings, and components. The investment is offered at a 7.25% cap rate. Reich, LLC, will sell the real estate and lease it back for 15 years. This is an absolute NNN lease with NO LANDLORD MAINTENANCE. This property is a relatively new, exquisitely beautiful, advanced manufacturing facility less than 25 years old with upgrades, renovations, and additions that occurred within the last decade. Vista Industrial Park is strategically located within 1 mile of I-26, with easy access to the ports of Charleston and Greenville, SC.
Listed by Jason Burk of Whitney Commercial Real Estate (jburk@whitneycre.com)

Listing Sold by Whitney Commercial Real Estate

Property Details of 140 Vista Boulevard

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