This is a rare opportunity to acquire a fully leased 66,148 SF Heavy Industrial building with exceptional upside potential. Strategically located in close proximity to Raleigh, Durham, and Chapel Hill, this property offers access to three of North Carolina’s most dynamic economic hubs, making it highly attractive for both tenants and investors.
Key Investment Highlights:
Fully Leased Asset: Immediate income with a stable tenant base occupying the entire 66,148 square feet.
Value-Add Opportunity: Additional land on-site offers the potential for expanded square footage, allowing investors to scale the asset and maximize returns.
Below Market Leases: Current lease rates are under market value, presenting an opportunity to significantly increase NOI through lease renewals or turnover.
Prime Location: Just minutes from Raleigh, Durham, and Chapel Hill – areas known for their strong employment growth, educational institutions, and vibrant tech and healthcare sectors.