416 Millstone Dr - Light Manufacturing FOR SALE


Hillsborough, NC 27278
$2,600,000 USD
919-730-7040
416 Millstone Dr, Hillsborough, NC for Sale
$2,600,000 USD
Light Manufacturing - FOR SALE
1/14
null | Request Cap Rate

416 Millstone Dr
Hillsborough, NC 27278


HIGHLIGHTS

  • Fully conditioned industrial flex building with office and warehouse integration.
  • Ceiling heights range from 13 to 22 feet for versatile operational use.
  • One loading dock with two levelers supports efficient shipping and receiving.
  • Positioned on 2.32 acres with ample parking and yard space.
  • Immediate access to I-40 and I-85 for regional connectivity across the Triangle and Triad.
  • Located in an established Economic Development District supporting business growth.

OVERVIEW

This 14,221 SF industrial flex property in Hillsborough’s Economic Development District offers a compelling investment opportunity with long-term operational flexibility. Situated on 2.32 acres, the property combines office and warehouse space, making it suitable for a variety of industrial and service-based users. The building features ceiling heights from 13 to 22 feet, one loading dock with two levelers, and a fully conditioned interior, ensuring adaptability for manufacturing, warehousing, and distribution. Its strategic location near I-40 and I-85 provides direct access to major transportation corridors, supporting efficient logistics and regional connectivity across the Triangle and Triad markets. The site includes ample parking and yard space, enhancing functionality for businesses requiring outdoor storage or fleet operations. With its modern infrastructure and proximity to key economic hubs, this asset offers strong potential for owner-occupants or investors seeking a versatile property in a growing market.

FOR SALE DETAILS

PRICE

$2,600,000 USD

PRICE/SF

$177 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

2

DRIVE INS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

2.32

LAND SF

101,059

ZONING

HI

APN/PARCEL ID

9873270740

ASK ABOUT THIS PROPERTY

Emilee Collins, CCIMPickett Sprouse Commercial Real EstateMore Info
919-730-7040

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Emilee Collins, CCIMPickett Sprouse Commercial Real EstateMore Info
919-730-7040

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