2539 Noblin RdRaleigh, NC 27604
Fully Leased Multi-Tenant Warehouse
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 116
Highlights
- Fully leased, 63,304 SF multi-tenant industrial warehouse on a 4.64-acre lot in Raleigh, NC. 10.5% cap rate, $94.70/SF price.
- Four units, 100% occupancy, investment-grade credit tenants: Beacon Waterproofing Products (Beacon Roofing Supply), Sherwin-Williams Co., Capital Lighting & Supply (Sonepar), and Continental Battery Company (H.I.G. Capital).
- Built 1965/1969, features eight dock-high doors and 19-foot ceilings. Zoned IND-2.
- Excellent I-440 access, proximity to US-401, I-40, RDU Airport, and Research Triangle Park. Northeast Wake County submarket boasts a 3.2% industrial vacancy rate.
- Land value alone is $33.38/SF. Leasehold ownership.
Property Details for 2539 Noblin Rd
- Property type
- Warehouses, Industrial properties
- Square Feet
- 63,304 SF
- Year Built
- 1965
- Buildings
- 1
- Lot Size (sq. ft)
- 202,118 SF
- Units
- 4
Location Insight
- City
- Raleigh
- County
- Wake
- State
- North Carolina
- Latitude
- 35.8083653
- Longitude
- -78.5984203
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