This offering presents a fully leased industrial investment property anchored by FleetPride and located at 7603 Boeing Drive in Greensboro, North Carolina. The property features a long-term, triple net lease structure, providing stable income with minimal landlord obligations. The tenant, FleetPride, has occupied the premises since 1998 and renewed through December 31, 2032, with a five-year renewal option and annual escalations of two percent. A strong national operator with hundreds of locations across the country enhances the security of this income stream.
Built for operational efficiency, the property comprises approximately 35,472 square feet across two levels and sits on 3.608 acres zoned HI (Heavy Industrial). It includes significant loading capacity with 12 drive-in doors, three dock-high doors, one lower dock, and ceiling heights ranging from 20 to 24 feet. Fire suppression is supported by a 100% sprinkler system, and the roof was replaced in 2021 with a 15-year warranty in place. Located near the Piedmont Triad International Airport and with easy access to major interstates—I-40, I-73, and I-85—this property offers outstanding connectivity.
This asset aligns with investors seeking durable cash flow backed by a strong tenant covenant and positioned in a high-demand industrial corridor.