49 International Road

Industrial for Sale
Sale Pending
Catylist Listing ID: 30633678
Property Subtypes: Free-Standing, Industrial-Business Park, Manufacturing, Light Industrial, Warehouse/Distribution
Status: Pending
Building Size (RSF): 40,000 SF
Sale Price: $1,950,000
Unit Price: $48.75 PSF
Ceiling: 24 ft.
Docks/Doors: 2 Docks
Office SF: 11,400 SF
Property Use Type: Vacant/Owner-User
Building Name: 49 International Road
Usable Size (USF): 40,000 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/29/2021

Overview / Comments

Formerly known as the Wieland Building, this 40,000sf tilt up concrete industrial building has excellent visibility from I-40 with traffic counts of 26,000 ADTs. Built in 1992 and zoned I-1, this building has 24' ceilings, 100% wet sprinkler system and is climate controlled. Sitting on 6.5 acres, the building's western wall is metal for easy future expansion of up to 20,000 additional square feet. 11,400sf of unfinished office space affords buyers the opportunity to decide how to complete the build out to best suit their needs. And 9,000sf of mezzanine with concrete floors over the office area provides options for additional storage area or more office build out. Two dock high doors provide access to 28,000+sf of warehouse area with 2000 Amp 480/277V power. (Note that previous tenant began installation of a 6,400sf clean room area with industrial poly urea top coat floors and FRP on walls. Work is 90% complete). Brand new SIGMA RAZOR LED lighting has recently been installed along with four Big Ass Fans. Warehouse area has received a recent paint refresh and is ready for immediate occupancy.

Additional Details

Nearest MSA: Wilmington
County: Pender
Tax ID/APN: 3239-17-9037
Zoning: I-1
Property Located Between: Wilmington, NC and Wallace, NC
Highway Access: Property is located just 2 miles from Exit 398 at I-40.
Airports: ILM
Site Description: 6.5 acre site with 50 parking spaces, truck dock area and storm water retention pond.
Area Description: Burgaw, NC is located just 20 minutes north of Wilmington along the I-40 corridor.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 40,000 SF
Property Condition: Good
Year Built: 1992
Roof Type: Flat
Construction/Siding: Concrete - Tilt up
Parking Type: Surface
Parking Description: Paved
Total Parking Spaces: 50
Column Spacing: 33'x33'
Sprinklers: Wet
Amps: 2,000
X-Phase: 3 phase
Heat Type: Propane
Heat Source: Other
Air Conditioning: Engineered System
Lighting: LED
Zoning Description: I-1 allows for warehousing/distribution and multiple types of manufacturing. See Burgaw Planning for more details.
In Flood Plain?: Yes
Lot Frontage: 600'
Lot Depth: 640'
Water Service: Municipal
Sewer Type: Municipal
Legal Description: 6.50 ACRES, PB 27/115

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 5,452 7,833
Median Age: 41.52 39.44
Households: 1,898 2,809
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