Marion Light Industrial & Warehouse (214,709 SF on 10.96 AC)
Industrial Property Strategically Located off I-40 & NC-226
Marketing description
Welcome to a light manufacturing & warehouse hub boasting 214,709 SF across 10.96 acres, perfectly placed at the intersection of I-40 and NC-226. This multi-building complex offers a rare mix of high-clear industrial facilities, grade-level doors, and flexible production spaces—capped by a 45% site coverage ratio, leaving ample room for maneuvering, storage, and future development.
Situated in Marion, NC, the property lies roughly 38 miles east of Asheville and under two hours from major Southeast markets like Charlotte, NC, and Spartanburg, SC. Projections suggest a solid ~12% pro forma return at market rents ($4.00/SF), making it a compelling choice for investors or owner-users. Seventeen buildings, each constructed between 1977 and 1994, cater to diverse industrial needs—from manufacturing lines and storage to break rooms and offices. With swift highway access, robust local and regional labor pools, and proximity to the Blue Ridge region’s thriving manufacturing ecosystem, 203 NC-226 is a prime industrial campus for expansion, production, or distribution operations.
Investment highlights
Owner/User Upside: Potential for immediate occupancy in some or all of the facilities, with surplus rentable square footage to offset operating costs.
Large Industrial Campus: Approx. 214,709 SF of warehouse and light manufacturing space spread over 10.96 acres, featuring multiple buildings built from 1977 to 1994.
Strategic Location: Situated at the intersection of I-40 and NC-226, facilitating distribution throughout the Southeast region (including Asheville, Charlotte, and Spartanburg).
Moderate Site Coverage (45%): Balances extensive building area with adequate yard space for maneuvering or outdoor storage.
Multi-Building Flexibility: Seventeen buildings of varying sizes and clear heights accommodate varied uses—distribution, manufacturing lines, or specialized production.
Investor Appeal: Opportunity to stabilize occupancy and optimize rent roll for a multi-tenant industrial campus in a growing regional market.
Pro Forma Return: Estimated ~12% return at $4.00/SF NNN market rents (buyers should confirm all assumptions).
All information presented herein, including projected returns, property details, and market data, has been gathered from sources deemed reliable. However, no warranty or representation, expressed or implied, is made by the seller or broker regarding the accuracy or completeness of such information. Prospective purchasers and tenants are strongly advised to independently verify all information, conduct their own due diligence, and seek appropriate professional advice. Neither the seller nor broker shall be liable for any errors, omissions, or changes in property details or financial estimates. All projections, opinions, assumptions, or estimates are for illustrative purposes only and do not guarantee future performance. Any offer is made subject to prior sale, price change, or withdrawal without notice.
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