Island Park

Industrial for Sale
Catylist Listing ID: 30375985
Property Subtypes: Flex Space, Manufacturing, Warehouse/Distribution
Building Status: Under Construction
Building Size (RSF): 22,500 SF
Sale Price: $1,799,000
Unit Price: $79.96 PSF
Property Use Type: Investment, Vacant/Owner-User
Usable Size (USF): 22,500 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/14/2019

Overview / Comments

22,500 SF flex/office/warehouse building under construction in the established development Island Park, just off Interstate 40. The property is approximately two miles from the intersection of I-40 and Interstate 140, the new Wilmington Outer Loop highway network, creating unparalleled access to all parts of the greater Wilmington area. Two common recessed loading docks, and nine drive-in overhead doors. Delivery in Summer of 2019 in shell condition. Seller may consider leasing back 2,500 SF after sale of the property. Inquire for details.

Additional Details

Nearest MSA: Wilmington
County: New Hanover
Tax ID/APN: R01100-008-011-004
Zoning: B-2

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 5,748 28,718
Median Age: 37.4 36.85
Households: 2,193 11,275


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