951 Wendell Blvd
Space suitable for manufacturing, research and development, data center, or call center operations
Marketing description
The 106,000 SF industrial building presents an excellent investment opportunity for institutional buyers. The property is ideal for manufacturing, research and development, or even a data or call center. Additional buildings are also available.
Currently, the owner occupies 35,000 SF, and a tenant occupies 12,784 SF, providing immediate rental income.
At the time of sale, the owner will sign a 3-year lease, ensuring stability. The remaining space is actively listed for lease, providing even more upside for future tenants.
Located in the heart of the Triangle, this property enjoys exceptional access to major highways, making it an ideal location for commuting. Great potential for savvy investors looking to capitalize on this growing market.951 WENDELL BLVD -
Investment highlights
Owner is actively marketing the property for lease. There are 66,000 to 87,250 SF available to lease.
Once the rest of the space is leased the GOI will be $1,269,527. plus TICAM. Operating expenses outlined in OM.
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