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29160491
29160492

801 Warehouse St, Greensboro, NC 27405

PM
NC 287882
CityPlat LLC
NZ
NC 251529
CityPlat LLC
Listed by CityPlat LLC
$6,995,000
141 days on market
Updated 88 days ago
Opportunity zone

STNL Industrial Warehouse for Sale | Single Tenant NNN

Details
Property Type Industrial
Sub Type Warehouse
Square Footage 138,959
Cap Rate 7.77%
NOI $543,608
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 5
Lease Expiration 06/30/2030
Remaining Term 4.1
Rent Bumps Yes
Price per SqFt $50
Year Built 1961
Year Renovated 1984
Buildings 1
Stories 1
Acreage 4.350
Zoning HI
Parking Spaces spaces
Investment Type Stabilized
Lease Commencement 07/01/2025
Ceiling Height 10’6” – 22’10”
Loading Docks 9
Dock High Doors 9

Industrial | 7.77% CAP | 138,959 SqFt

Marketing description

138,959 SF Single-Tenant NNN Industrial Investment – Greensboro, NC

801 Warehouse Street is a 138,959 SF single-tenant industrial warehouse located in Greensboro, NC, one of the Southeast’s fastest-growing logistics markets. The property is 100% leased to South Atlantic Bonded Warehouse Corporation, a well-established 3PL and logistics operator in business since 1909, under a NNN lease through June 30, 2030.

The facility sits on 4.35 acres and features nine dock-high doors, 24 trailer stalls, 17 car spaces, 5,118 SF of office, and clear heights up to 22’10”, making it well-suited for modern distribution and warehousing operations.

Offered at $7,498,041, the property delivers a 7.25% cap rate with strong in-place income and true NNN structure. Located in an Opportunity Zone with direct access to I-40, I-85, I-73, and I-74, this is a compelling opportunity to acquire a passive, credit-backed industrial asset in a high-growth market.

Investment highlights

  • 7.25% Cap Rate on In-Place Income
    Attractive yield backed by a true NNN lease structure.

  • 100% Leased to Credit Tenant
    South Atlantic Bonded Warehouse Corp. (est. 1909), a leading 3PL and logistics provider.

  • True NNN Lease Through 2030
    Tenant responsible for all operating expenses, taxes, insurance, and maintenance.

  • Large-Scale, Functional Distribution Facility
    138,959 SF with 9 dock-high doors, 24 trailer stalls, 17 car spaces, and up to 22’10” clear height.

  • Strong Greensboro Industrial Market
    Strategically positioned near I-40, I-85, I-73, and I-74 in a high-growth logistics hub.

  • Opportunity Zone Location
    Potential for long-term tax-advantaged appreciation.

  • Stabilized Cash Flow From Day One
    Seller credit provided to support first-year NOI.

Listing Contacts

PM
NC 287882
CityPlat LLC
NZ
NC 251529
CityPlat LLC
Listed by CityPlat LLC

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$543,608.00
$45,300.67/mo

Valuation Metrics

0
DSCR
7.77%
Cap Rate
7.77%
ROI

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