106 E Railroad Ave - Manufacturing FOR SALE


Gibsonville, NC 27249
$5,200,000 USD
336-378-5065
106 E Railroad Ave, Gibsonville, NC for Sale
$5,200,000 USD
Manufacturing - FOR SALE
1/5
null | Request Cap Rate

106 E Railroad Ave
Gibsonville, NC 27249


HIGHLIGHTS

  • Mixed Use Building with Industrial Truck Court and a Downtown Retail Front
  • Significant Investement in 2024-2025 (New Roof, LED Light Upgrades, Etc)
  • NOI After Repairs Is $237K (2025) and Increasing with New Tenancy
  • Priced Under $40 SF While in Lease Up. Full Tenant and Occupancy Info Available with a CA.
  • Until Leased Long Term, Owners Will Consider M-M Tenants with a 30 Day Out
  • Adjacent Future Historic Rehab Apartments and Amenities

OVERVIEW

Retail / industrial 131K SF building for lease or sale at 110-130 Railroad Avenue. For owner/users with term, excellent opportunity to have 1K – 65K+ SF space in an established downtown district. If not used as an exceptionally well located last mile industrial site, this improved asset is a solid location for brewery, fitness, entertainment, offices and/or self storage concept. This building is approx. 50% occupied by termed tenants with remaining areas in lease up. Until leased long term, owners will consider M-M tenants with a 30 day out in vacant space. Annual asking rent of $6 SF NNN and TICAM in space 'as is'. As an investment, asset had a NOI of $237K (2025) which is increasing with new tenants (2026). Once fully leased, asset will be converted to an industrial sale over "a sticks and bricks" asking price. See the property flyer for industrial building specifications, photos, and a floor plan. A dropbox with additional information (rent roll, proforma, clean environmentals, etc) is also available with an executed CA. Contact broker with further interest or questions.

FOR SALE DETAILS

PRICE

$5,200,000 USD

PRICE/SF

$36 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Gibsonville Square

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

Storefront, Warehouse, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1935

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

-

DOCKS

6

DRIVE INS

6

PARKING SPACES

30

LAND DETAILS

LAND ACRES

20

LAND SF

871,200

ZONING

CP

APN/PARCEL ID

0102532

ASK ABOUT THIS PROPERTY

Sean DowellDowell CommercialMore Info
336-378-5065

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Sean DowellDowell CommercialMore Info
336-378-5065

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