

Net-Leased Industrial Flex Investment | JR's Cigar Outlet
146,905 SF Net-Leased Industrial Flex Investment | Distribution / Retail / Office | 7.80% Cap Rate
Marketing description
Vakos Real Estate Services is pleased to present the opportunity to acquire a 146,905 SF mission-critical industrial flex facility in Burlington, North Carolina. Fully leased and strategically positioned, the property serves as a high-functioning hybrid asset combining distribution, logistics, and retail components within a dynamic industrial corridor. Originally constructed in 1962 and thoughtfully adapted to meet modern operational demands, the asset features a substantial climate-controlled warehouse component, supporting specialized storage and distribution capabilities. Zoned Light Industrial (LI), the property benefits from strong regional connectivity and proximity to major transportation routes, making it an ideal hub for logistics-driven operations. With 100% occupancy and a tenant utilizing the property as a key operational facility, the asset provides stable in-place income alongside long-term strategic value. This offering represents a compelling opportunity for investors seeking durable cash flow, functional real estate, and exposure to an established industrial market with continued growth.
Investment highlights
- 3% Annual Increases
- Below Replacement Cost
- High-Spec Mixed-Use: Climate-Controlled Warehouse, Flagship Retail, & Regional Distribution
- Unrivaled I-40/I-85 Visibility With Direct Regional Connectivity
- Roof Scheduled To Be Replaced By Seller In 2026
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