217 Woodington RdHope Mills, NC 28348
5,200 SF Distribution Center, 8.02% Cap Rate
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 116
Highlights
- Investment-grade tenant Flowers Foods (NYSE: FLO) with lease expiring June 2028.
- High-traffic location on US 301 (15,000+ VPD) near I-95/Hwy 59 interchange (48,000+ VPD), close to Hope Mills and Fayetteville.
- Well-maintained 5,200 SF facility, retrofitted in 2013, featuring masonry/metal construction and 23 dock high doors; 16'-18' ceiling height.
- Low 4% building coverage ratio on a 3.09-acre C3-zoned lot allows for expansion or additional uses.
- Strong industrial submarket location near major logistics companies, suggesting high future value.
Property Details for 217 Woodington Rd
- Property type
- Retail properties, Industrial properties
- Square Feet
- 5,200 SF
- Year Built/Renovated
- 1990/2013
- Lot Size (sq. ft)
- 134,600 SF
Location Insight
- City
- Hope Mills
- County
- Cumberland
- State
- North Carolina
- Latitude
- 34.9405578
- Longitude
- -78.9394935
Nearby Similar for Sale
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