36 E Edgerton St - Warehouse FOR SALE
Smithfield, NC 27577 |
$4,900,000 USD
404-445-1092
36 E Edgerton St
Smithfield, NC 27577
HIGHLIGHTS
- SHALLOW BAY VALUE ADD OPPORTUNITY – Tenants are operating on short-term leases with below market rents
- HIGH-QUALITY FACILITIES – The subject property features two buildings, totaling ±58,481 square-feet
- ROBUST DEMOGRAPHICS – The population of Smithfield, NC is expected to grow to approximately 14% over the next over the next few years
- EXCELLENT LOCATION – Ideally positioned in Smithfield, NC, the property lies along the I-95 corridor
- MARKET FUNDAMENTALS – The submarket has experienced limited new industrial supply over the past 18 months
FOR SALE DETAILS
PRICE
$4,900,000 USD
PRICE/SF
$75 USD /SF
CAP RATE
6.19%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Shallow Bay Industrial
PROPERTY TYPE
Industrial
PROPERTY SUBTYPE
Warehouse
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1975
UTILITIES
Lighting
CLEAR CEILING HT
20 Ft
DOCKS
1
DRIVE INS
8
PARKING SPACES
100
LAND DETAILS
LAND ACRES
5.25
LAND SF
228,690
ZONING
B-3
APN/PARCEL ID
15006015
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
404-445-1092
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
Please correct the highlighted field(s).
404-445-1092
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
