5115 New Bern Ave - Warehouse FOR SALE


Raleigh, NC 27610- Southeast Raleigh
$6,100,000 USD
919-576-2501
5115 New Bern Ave, Raleigh, NC for Sale
$6,100,000 USD
Warehouse - FOR SALE
1/11
null | Request Cap Rate

5115 New Bern Ave
Raleigh, NC 27610
Southeast Raleigh


HIGHLIGHTS

  • ±24,434 SF industrial building on ±2.74 acres | IX-3 zoning
  • ±8,000 SF warehouse/office space available + ±1.2 acres of fenced outdoor storage (IOS)
  • Three (3) drive-in doors
  • Paved and fenced site
  • High Traffic Exposure: New Bern Ave / US-64 Business: 48,000 VPD; I-440: 122,000 VPD; I-87: 98,000 VPD
  • SALE PRICE: $6,100,000

OVERVIEW

5115 New Bern Avenue presents a unique industrial investment and owner-user opportunity featuring ±24,434 SF on ±2.74 acres in Raleigh. The property combines stable in-place income from a long-term NNN tenant with ±8,000 SF of available warehouse/office space and approximately 1.2 acres of fenced outdoor storage, providing flexibility for immediate occupancy, lease-up, or future expansion.

FOR SALE DETAILS

PRICE

$6,100,000 USD

PRICE/SF

$250 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1964

UTILITIES

Water, Sewer

CLEAR CEILING HT

25 Ft

DOCKS

-

DRIVE INS

5

PARKING SPACES

20

LAND DETAILS

LAND ACRES

2.75

LAND SF

119,790

ZONING

Ind-1

APN/PARCEL ID

1734.14-34-3873-000

ASK ABOUT THIS PROPERTY

Moss WithersLee & AssociatesMore Info
919-576-2501

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

Moss WithersLee & AssociatesMore Info
919-576-2501

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