THE EXCHANGE Industrial FOR SALE


Wilmington, NC
$13,068,000 USD
910-409-8421
, Wilmington, NC for Sale
$13,068,000 USD
Industrial - FOR SALE
1/15
null | 5.98% Cap Rate

THE EXCHANGE
Wilmington, NC


HIGHLIGHTS

  • Fully Leased, Net Lease Structures, Industrial Investment

OVERVIEW

The Exchange is a 106,000-square-foot multi-tenant industrial facility situated on ±8.4 acres located in Wilmington, North Carolina. This fully leased three (3) tenant asset presents an opportunity to acquire a rock-solid investment in one of the top 10 fastest growing MSA’s across the country. The property is positioned along Highway 421 near the access ramps to I-140 which provides an outer thoroughfare around Wilmington, linking it to Highway 17/74/76 in Leland, I40, and Highway 17 in Porters Neck. This property provides central interconnectivity to service Southeastern NC and other parts of the State such as Raleigh, Charlotte, Greensboro, and areas like Myrtle Beach in SC. 3700 / 3720 Highway 421 offers investors immediate scale in one of Wilmington’s most established industrial locations. The two-building asset is fully leased to three tenants under net lease structures, with contractual rent growth modeled through 2033. Sale price reflects a going-in cap rate of ±6% beginning January 1, 2027. Tenants are not to be disturbed. All showings must be scheduled through the listing firm with a signed and executed confidentiality agreement.

ASK ABOUT THIS PROPERTY

Cody Cress, SIORThe Cress Group at Sun Coast Partners CommercialMore Info
910-409-8421

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Cody Cress, SIORThe Cress Group at Sun Coast Partners CommercialMore Info
910-409-8421

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