Catylist ID: #30050363
New Industrial Building Coming Soon
Industrial for Sale
|Catylist Listing ID:||30050363|
|Property Subtypes:||Flex Space, Free-Standing, Industrial-Business Park, Light Industrial, Office Showroom, Truck Terminal, Warehouse/Distribution|
|Building Status:||Under Construction|
|Building Size (RSF):||14,000 SF|
|Gross Land Area:||1 - 2.50 Acres|
|Unit Price:||$78.57 PSF|
|Office SF:||1,400 SF|
|Drive In Bays:||1 Bay|
|Property Use Type:||Investment, Vacant/Owner-User|
|Usable Size (USF):||14,000 SF|
|Sale Terms:||Cash to Seller|
Overview / Comments
New Construction Warehouse with Showroom and small office. The building is currently under construction with 14,000 sf of space. 20' clear height in the building and the seller is planning on building out 10% of conditioned space, 2 restrooms, 1 drive in door and large double doors in the front to bring in showroom supplies. Plans can be modified if buyer acts fast. The building can be leased at $7/sf NNN.
The property is offered many different ways:
1. Lease the existing 12,000 sf office building with an acre or two of land. $9/sf
2. Lease the new construction 14,000 sf warehouse / flex space. $7/sf
3. Lease both buildings at a blended rate and have access to all 5 acres. $8/sf
4. Buy existing 12,000sf office building for $900,000.
5. Buy new construction warehouse 14,000sf for $1,100,000.
6. Buy both buildings + 5 acres for $2,100,000.
Attachments & Media
|Taxing Authority:||City of Wilmington|
|Property Located Between:||On Raleigh Street next to Vertex|
|Total Number of Buildings:||1|
|Number of Stories:||1|
|Typical SF / Floor:||14,000 SF|
|Proximity:||1 mile||3 miles||5 miles|
Steve HallMaus, Warwick, Matthews & Co. NCCMLS Member
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