For Sale
$27,060,000

840 Complex St Lenoir, NC 28645

492,000 SF Vacant Warehouse, Value-Add Opportunity

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 492,000-square-foot industrial warehouse, located at 840 Complex Street Southwest in Lenoir, North Carolina (zip code 28645), presents a compelling value-add investment opportunity. The property, situated on 25.78 acres and zoned I-2 Heavy Industrial, boasts a single-story design built in 1970 and extensively renovated in 2021. The building features a new membrane roof (2022), energy-efficient LED lighting, and ESFR sprinkler coverage throughout. High ceilings (20 feet clear) and a column spacing of primarily 46' x 30' provide ample space for efficient operations. Loading is facilitated by 98 dock-high doors (98' x 9', with hydraulic levelers, seals, and lights), eight additional 10' x 10' dock-high doors, one 18' x 32' drive-in door, and four 12' x 16' drive-in doors. The building is conveniently divided by a firewall into approximately 308,160 and 179,760 square-foot sections. Currently vacant, the property is available for occupancy on December 31, 2024, offering significant potential for a wide range of industrial and distribution uses. The asking price is $27,060,000. This property represents a rare opportunity to acquire a substantial, well-maintained warehouse in a strategic location.

Highlights

  • $27,060,000 asking price for this value-add industrial property.
  • 492,000 square feet of vacant warehouse/distribution space in Lenoir, NC.
  • Property features 98 dock-high doors, eight drive-in doors, and 20' clear ceiling height.
  • 25.78-acre lot with I-2 Heavy Industrial zoning.
  • Building is divided into two sections (approximately 308,160 SF and 179,760 SF), features a new membrane roof (2022), and ESFR sprinklers.

Property Details for 840 Complex St

Property type
Warehouses, Industrial properties
Square Feet
492,000 SF
Year Built/Renovated
1970/2021
Stories
1
Lot Size (sq. ft)
1,122,977 SF

Location Insight

City
Lenoir
County
Caldwell
State
North Carolina
Latitude
35.8883613
Longitude
-81.5694971

FAQs

What type of property is this?
Warehouse - 492,000 SF Vacant Warehouse, Value-Add Opportunity
Where is the warehouse located?
The property is located at 840 Complex St Lenoir, NC.
What is the asking price?
The asking price for this property is $27,060,000.
What are key features of this property?
This property features: $27,060,000 asking price for this value-add industrial property.; 492,000 square feet of vacant warehouse/distribution space in Lenoir, NC.; Property features 98 dock-high doors, eight drive-in doors, and 20' clear ceiling height.
How can I contact the broker?
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840 Complex St
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