Island Park Flex Space
Industrial
for Lease
| Catylist Listing ID: |
30630784 |
| Property Subtypes: |
Flex Space, Industrial-Business Park, Manufacturing, Mixed Use, Light Industrial, Net Leased, Office Showroom, Research & Development, Self Storage, Warehouse/Distribution, Other
|
| Contiguous Space: |
2,500 - 17,000 SF |
| Building Size (RSF): |
22,000 SF |
| Lease Rate: |
$9 PSF (Annual)
|
| Base Monthly Rent: |
$12,750 |
| Lease Types: |
NNN |
| Usable Size (USF): |
22,000 SF |
| Last Updated: |
7/16/2020 |
Overview / Comments
Up to 17,000sf of new construction flex/office/warehouse space available in Island Park, conveniently located beside I-40 Exit 414. The space is offered as Build to Suit in 2,500sf increments with a wide variety of customizable options to fit almost any need.
The Landlord will begin construction on two upfits in early August, creating the potential for shortened design/construction time and economies of scale for any tenant to execute a lease within the month.
The site includes a depressed loading dock able to service two trucks at a time, drive-in overhead doors and ample paved parking.
Positioned in the quickly growing Castle Hayne/Rocky Point submarket, Island Park is nearby 2,500+ proposed rooftops as well as other commercial development proposed and underway. The location has convenient highway access to all points north, south, east and west via I-140, HWY 133, HWY 210 and US 17
Lease rates will vary depending on level of upfit and space needed. TICAM is TBD but estimated at $1.50sf annually.
|
| Space Available: |
17,000 SF |
| Minimum Divisible: |
2,500 SF |
| Lease Rate: |
$9 PSF (Annual)
$12,750 (Monthly)
|
| Lease Type: |
NNN |
| Space Subcategory: |
Business Park, Warehouse/Distribution |
| Date Available: |
9/15/2020 |
| Space Type: |
New |
| CAM Expenses |
$1.50 PSF (Annual) |
| Rent Escalators |
Step-Up Lease |
| Rent Escalators Description |
3% annual escalations |
Additional Details
| Nearest MSA: |
Wilmington |
| County: |
New Hanover |
| Taxing Authority: |
New Hanover County |
| Tax ID/APN: |
R01100-008-011-004 |
| Zoning: |
B-2 |
| Highway Access: |
Immediate access to I-40, less than a mile to HWY133, 3.5 miles to the I-140 Interchange, 8 miles to US 17 |
| Airports: |
ILM 4.5 miles |
| Tenancy: |
Multiple Tenants |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Property Condition: |
Excellent |
| Year Built: |
2020 |
| Construction/Siding: |
Brick, Metal Siding |
| Parking Type: |
Surface |
| Parking Description: |
Paved asphalt |
| Sprinklers: |
None |
| Heat Type: |
Electricity, Natural Gas |
| Heat Source: |
Central |
| Air Conditioning: |
Engineered System |
| Lighting: |
LED, Fluorescent |
| Internet Access: |
Cable, Fiber Optic |
| Zoning Description: |
The purpose of this district shall be to provide for the proper grouping and development of roadside business uses which will best accommodate the needs of the motoring public and businesses demanding high volume traffic. The district's principal means of ingress and egress shall be along collector roads, minor arterials, and/or major arterials as designated on the County's Thoroughfare Classification Plan. (8/4/86) No B-2 District shall be less than five (5) acres in area |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
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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