3750 Highway 90 E presents a compelling opportunity to acquire a stabilized, fully leased industrial/flex investment property in Alexander County, North Carolina. The asset produces immediate, predictable cash flow under a lease structure that minimizes landlord responsibilities while maximizing income certainty. The property comprises approximately 4,200 square feet of industrial/flex space situated on 1.37 acres with direct Highway 90 frontage. Mixed-use zoning affords future flexibility for a wide range of commercial and light industrial uses. The tenant occupies under a lease extending through September 30, 2030, with contractual 3% annual rental escalations. The seller has advised that the tenant has already expressed interest in extending occupancy through an additional five-year renewal period. Well suited for private investors, 1031 exchange buyers, and passive income investors seeking institutional-quality lease structure at an accessible entry price. Investment Highlights: 100% occupied with a current lease through September 2030 and contractual 3% annual escalations built into the lease. Offered at $350,000, an accessible price point for a fully stabilized, income-producing commercial asset. Direct frontage on Highway 90 E ensures strong visibility and accessibility for commercial and logistics-oriented uses. Tenant has already expressed interest in renewing for an additional five-year term, signaling strong occupancy confidence. Net-lease structure limits day-to-day landlord responsibilities, making this an ideal passive investment. An ideal replacement property for 1031 exchange buyers seeking to defer capital gains while acquiring stabilized income.
| MLS # | 4403038 |
|---|---|
| Listing Type | For Sale |
| Style | Warehouse/office |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1960 |
| Days On Site | 46 |
| Listing Provided By | The Virtual Realty Group | Erika McNew |
| Acreage | 1.37 |
|---|
| List Aor | Canopy Realtor Association |
|---|
| Property | 199004 |
|---|
| State | NC |
|---|---|
| County | Alexander |
| City | Hiddenite |
| Zip Code | 28636 |
| Area | Alexander |
| Listing VS Median (in 28636) | |
Price: $350,000 low | high Med: $249,000 On site: 46 low | high Med: 174 | |
| State | NC |
|---|---|
| County | Alexander |
| City | Hiddenite |
| Zip Code | 28636 |
| Area | Alexander |
| Listing VS Median (in 28636) | |
Price: $350,000 low | high Med: $249,000 On site: 46 low | high Med: 174 | |