For Sale
$6,295,000

521 Milling Rd Mocksville, NC 27028

185,742 SF Distribution Center, NC

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
139
This exceptional 185,742-square-foot industrial property in Mocksville, North Carolina, presents a compelling investment opportunity. Located in an Opportunity Zone, this single-story building boasts 16-foot ceiling heights (with a section at approximately 20 feet), providing ample space for various distribution and warehousing needs. The property features eight dock-high doors and three drive-in doors, with potential for expansion. Situated on 18 acres, it offers extensive outdoor parking and storage capabilities. The building is fully sprinklered and benefits from a brand-new roof under warranty. Utilities include public water and sewer, along with a robust 3,200-amp, 277-480-volt 3-phase electrical system. Its strategic location offers easy access to major transportation arteries, including Interstate 40 (less than 4 miles), Highway 64 (2 miles), and Highway 158 (less than 1 mile), providing convenient access to Charlotte (1-hour drive) and Winston-Salem (30-minute drive). The asking price is $6,295,000, with estimated NNN charges of approximately $0.59 per square foot. The current occupancy rate is 59%. The property is currently multi-tenant. Owner is willing to modify, improve, or customize the property to meet acceptable lease terms.

Highlights

  • $6,295,000 asking price.
  • $3.50-$3.95/SF, NNN lease rate.
  • 185,742 SF industrial building in Mocksville, NC, located in an Opportunity Zone.
  • 16' ceiling heights (with a section at 20').
  • 8 dock-high doors, 3 drive-in doors, expandable.

Property Details for 521 Milling Rd

Property type
Warehouses, Industrial properties
Square Feet
185,742 SF
Buildings
1
Stories
1
Lot Size (sq. ft)
784,080 SF

Location Insight

City
Mocksville
County
Davie
State
North Carolina
Latitude
35.9024058
Longitude
-80.5349952

FAQs

What type of property is this?
Warehouse - 185,742 SF Distribution Center, NC
Where is the warehouse located?
The property is located at 521 Milling Rd Mocksville, NC.
What is the asking price?
The asking price for this property is $6,295,000.
What are key features of this property?
This property features: $6,295,000 asking price.; $3.50-$3.95/SF, NNN lease rate.; 185,742 SF industrial building in Mocksville, NC, located in an Opportunity Zone.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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521 Milling Rd
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