Small Bay Flex for Sale
2.94-Yr WALT Avg
Marketing description
This brand-new, fully leased industrial flex property presents a compelling investment opportunity offering immediate cash flow with long-term upside potential. Designed with modern functionality in mind, the asset features three separate buildings with suite sizes ranging from approximately ±1,857 square feet to ±24,909 square feet, accommodating a diverse mix of tenants and providing flexibility for future leasing strategies. The strong tenant demand for quality small- and mid-bay industrial space positions this property as a stable and attractive addition to any investment portfolio.
Each building offers a 24-foot clear height throughout, delivering efficient warehouse operations and enhanced tenant appeal. A combination of drive-in and dock-high loading doors, along with full truck courts, supports a wide range of uses including distribution, light manufacturing, and service-oriented operations. All buildings are fully sprinklered, ensuring safety, code compliance, and alignment with institutional tenant requirements.
Strategically located within one mile of Westinghouse Boulevard—one of North Carolina’s largest and most established industrial corridors—the property benefits from exceptional regional connectivity with convenient access to I-77 and I-485. The current 2.94-year weighted average lease term (WALT) provides stabilized in-place income while offering near-term rollover potential, creating opportunities for future rent growth and value enhancement.
Investment highlights
Brand New Construction – Newly built, fully leased industrial flex investment opportunity offering immediate cash flow and long-term upside.
Three-Building Configuration – The property consists of three separate buildings with suite sizes ranging from ±1,857 SF to ±24,909 SF, accommodating a variety of users.
Flexible Loading Options – Combination of drive-in and dock-high doors with full truck courts, ideal for distribution, light manufacturing, and service-oriented tenants.
24’ Clear Height Throughout – All buildings feature 24-foot clear heights, providing efficient warehouse functionality and strong tenant appeal.
Sprinklered Buildings – Fully sprinklered for safety, code compliance, and tenant requirements.
Strategic Industrial Location – Located within one mile of Westinghouse Boulevard, recognized as one of North Carolina’s largest industrial corridors, with convenient access to I-77 and I-485 for regional connectivity.
Strong Lease Profile – 2.94-year weighted average lease term (WALT), providing stabilized income with near-term rollover potential.
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