1007 Lexington Ave - Manufacturing FOR SALE


Salisbury, NC 28144
$3,300,000 USD
704-796-7460
1007 Lexington Ave, Salisbury, NC for Sale
$3,300,000 USD
Manufacturing - FOR SALE
1/18
null | 5.28% Cap Rate

1007 Lexington Ave
Salisbury, NC 28144


HIGHLIGHTS

  • 12 Divided Bays
  • Has Dock-High and Drive In Doors
  • New Roof

OVERVIEW

Prime Light Industrial Opportunity in Salisbury, NC Located in the heart of Salisbury and just 5 minutes from I-85, this 96,000 SF light industrial building offers excellent access, functionality, and infrastructure for a wide range of users and investors. The property features a 14’ clear height, sprinkler system throughout, and four dock-high loading doors, supporting efficient warehousing, distribution, or light manufacturing operations. The building is currently approximately 80% tenant occupied, providing immediate income. Copies of existing leases are available upon request, and all leases are short-term, allowing flexibility for a buyer seeking partial or full owner-occupancy in the near term. The property includes a ±0.69-acre fenced yard, ideal for secure outdoor storage or equipment staging, as well as a separate ±0.22-acre dedicated parking lot. Interior improvements include five restrooms, with three located in Bay 1 and two in Bay 12, ensuring convenient facilities throughout the building. Additionally, three-phase power is available in Bay 12, servicing nearly half of the facility and accommodating power-intensive operations. This well-located and versatile asset presents a rare opportunity for investors or owner-users seeking scale, income, and flexibility in the Salisbury industrial market. Showings are by appointment only. Please do not disturb the current tenants.

FOR SALE DETAILS

PRICE

$3,300,000 USD

PRICE/SF

$34 USD /SF

CAP RATE

5.28%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

1007 Lexington Ave

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

Showroom, Warehouse, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1920

UTILITIES

Lighting, Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

13.75 Ft

DOCKS

5

DRIVE INS

2

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.47

LAND SF

151,153

ZONING

LI

APN/PARCEL ID

011-376

ASK ABOUT THIS PROPERTY

Ed McAfeeLocus Real Estate Advisors, Inc.More Info
704-796-7460

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Ed McAfeeLocus Real Estate Advisors, Inc.More Info
704-796-7460

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.