Catylist ID:
#30426209
| Catylist Listing ID: | 30426209 |
| Property Subtypes: | Flex Space, Free-Standing, Industrial-Business Park, Mixed Use, Light Industrial, Truck Terminal, Warehouse/Distribution, Other |
| Building Size (RSF): | 68,000 SF |
| Gross Land Area: | 8.46 Acres |
| Sale Price: | $6,250,000 |
| Unit Price: | $91.91 PSF |
| Property Use Type: | Investment |
| Usable Size (USF): | 68,000 SF |
| Sale Terms: | Undisclosed, Sale/Leaseback |
| Cap Rate: | Undisclosed |
| Last Updated: | 10/8/2020 |
Overview / Comments
|
Income-producing investment property for sale in an unparalleled, central Wilmington location. Location provides easy access to Market Street, MLK Jr. Parkway, Interstate 40 and ILM (Wilmington International Airport). On site is a +/- 68,000 SF building that contains approximately +/- 14,000 SF of office space, and +/- 54,000 SF of warehouse distribution space. The two-story office area holds numerous private offices, conference rooms, break rooms, open cubicle areas, and five restrooms. Approximately 90% of the warehouse space is fully climate controlled, to include a +/- 2,400 SF refrigerated area. The main warehouse building is equipped with seven (7) dock high doors and four (4) drive in doors. Ceiling heights vary from 24’ to 30’ in various sections of the building. The building sits on a large 8.46 acre lot, which can accommodate potential building expansion, additional parking, or laydown/storage yard. The property is Zoned AI (Airport Industrial) by the City of Wilmington NC. Water & sewer is provided by CFPUA. An inactive rail spur could potentially be re-established. The building is currently occupied on a long-term lease. Please inquire with Listing Broker for further details. |
Attachments & Media
Additional Details
| Nearest MSA: | Wilmington |
| County: | New Hanover |
| Tax ID/APN: | R04811-001-027-000; R04811-001-030-001 |
| Zoning: | AI AIRPORT INDUSTRIAL |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 6,850 | 52,869 | 119,241 |
| Median Age: | 34.32 | 33.89 | 35.82 |
| Households: | 2,848 | 24,794 | 51,390 |
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