555 Lucy Garrett Rd - Manufacturing FOR SALE
Roxboro, NC 27574 |
$8,129,000 USD
704-714-2368
555 Lucy Garrett Rd
Roxboro, NC 27574
HIGHLIGHTS
- Mission critical facility for tenant | Serves as their United States headquarters and only location in the US
- Recently agreed to a 7-year lease extension at significantly higher rent demonstrating tenant’s long-term commitment to the site
- Experienced operator | Wesbell Investment Recovery LTD | Successful company for over 60 years with 7 locations across 6 Provinces & States
- Recent building and property improvements completed | Capital upgrades enhance asset condition and reduce near-term maintenance risk
- Attractive rent growth | 2.5% annual increases provide consistent NOI growth and hedge against inflation
- Approx. 118,000 SF facility | Efficient industrial layout with 15% office and 85% warehouse space
FOR SALE DETAILS
PRICE
$8,129,000 USD
PRICE/SF
$69 USD /SF
CAP RATE
6.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Wesbell Technologies
PROPERTY TYPE
Industrial
PROPERTY SUBTYPE
Manufacturing
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1996
UTILITIES
-
CLEAR CEILING HT
31 Ft
DOCKS
5
DRIVE INS
13
PARKING SPACES
110
LAND DETAILS
LAND ACRES
31.77
LAND SF
1,383,901
ZONING
Ind
APN/PARCEL ID
A50-61
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704-714-2368
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704-714-2368
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