$971,313 USD
919-576-2501
117 Woodwinds Industrial Ct
Cary, NC 27511
Outlying North Cary/Morrisville
HIGHLIGHTS
- ±3,346 SF freestanding industrial building + laydown yard (±2,091 Heated SF | ±1,255 Unheated SF)
- Long-term tenant in place with stable in-place cash flow
- Annual 3% rental escalations provide built-in income growth
- Strong Cary location at the intersection of Cary Parkway and Old Apex Road
- Attractive opportunity for investors seeking stabilized industrial product
- Sale Price: $971,313 | Cap Rate: 6.75%
OVERVIEW
117 Woodwinds Industrial Court presents a rare opportunity to acquire a stabilized industrial investment in the heart of Cary’s established industrial corridor. The property benefits from sought-after outdoor storage capability and is fully leased to a long-term tenant, providing immediate cash flow, annual rent escalations, and durable income growth potential.
FOR SALE DETAILS
PRICE
$971,313 USD
PRICE/SF
$335 USD /SF
CAP RATE
6.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Flex
ADD'L SUBTYPES
Auto Repair, Service
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1987
UTILITIES
-
CLEAR CEILING HT
-
DOCKS
-
DRIVE INS
1
PARKING SPACES
12
LAND DETAILS
LAND ACRES
0.82
LAND SF
35,719
ZONING
I
APN/PARCEL ID
0753.14-42-4679-000
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919-576-2501
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919-576-2501
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
