2003 Willow Spring LnBurlington, NC 27215
- Industrial properties
- 21,200 SF
Property Details for 2003 Willow Spring Ln
- Lot size
- 3.02 AC
- Property size (Sq ft)
- 21,200 SF
- Property type
- Industrial properties
- Property subtype
- Other industrial properties
Description
This exceptional 21,200-square-foot manufacturing facility in Burlington, North Carolina, presents a compelling investment opportunity. Located at 2003 Willow Springs Ln, Alamance County (APN 172759), this property sits on a 3.02-acre lot and is currently 100% occupied under a single-tenant, absolute NNN lease. The asking price is $2,500,000, translating to $117.92 per square foot. The property comprises both office and warehouse space, currently leased to Apollo Chemical (lease details available upon request). The land is held under a 99-year ground lease with Mt. Vernon Chemicals. This arrangement is understood to be suitable for financing and 107 exchanges. While not ideal for owner-occupancy, this property offers significant income potential due to the strong, long-term tenant. The property's industrial subtype and location in Burlington, NC, make it an attractive addition to any investment portfolio. The property is classified as an industrial property with a manufacturing subtype. Further details regarding the lease agreement are available upon request. This is an absolute NNN lease.
Location Insight
- City
- Burlington
- County
- Alamance
- State
- North Carolina
- Latitude
- 36.0525
- Longitude
- -79.4859
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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