Industrial Space

Industrial for Sale
Catylist Listing ID: 30769898
Property Subtypes: Flex Space, Free-Standing, Industrial-Business Park, Warehouse/Distribution
Building Size (RSF): 16,859 SF
Gross Land Area: 2.90 Acres
Sale Price: $1,375,000
Unit Price: $81.56 PSF
Property Use Type: Investment, Vacant/Owner-User
Usable Size (USF): 16,859 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/19/2022

Overview / Comments

First time on the market for this free-standing industrial building! Hy-Speed Cleaning Products began business in the 1970’s and the company will soon relocate to another property across the county.

This owner-occupied building was constructed in 1985 with a subsequent warehouse expansion later. The site measures 2.9 acres, and it’s located in Northside Industrial Park near the General Electric plant and the-140 Northern Outer Loop.

The 17,115 SF building has 2,325 SF of office space with the balance being warehouse distribution. Additional land (1–6 acres) is currently for sale across Hermitage Road.

Building is currently occupied with an active warehouse operation. Owner requests at least 24 hours advance notice before showing.

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Tax ID/APN: R01817-002-002-000
Zoning: I-1
Tenancy: Single Tenant

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,190 12,510 39,760
Median Age: 37.57 37.24 35.82
Households: 1,090 4,778 16,042


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