110 Thermoid Way
110 Thermoid Way, Salisbury, NC 28144
Marketing description
Bryant Capital Advisors is pleased to present the exclusive offering of 110 Thermoid Way. Positioned on a substantial 13.63-acre site, this well-located industrial manufacturing facility offers approximately 145K SF of rentable space and presents a compelling opportunity for owner-users or investors alike. Constructed in 1979, the property is designed to support a wide range of manufacturing, distribution, and industrial operations.
The building features efficient logistics capabilities with 9 dock-high doors and 5 drive-in doors, allowing for flexible loading configurations and streamlined operations. The expansive paved areas provide ample circulation and parking, while the site layout supports both truck access and future operational needs.
Located within a designated Opportunity Zone, the property offers potential tax advantages in addition to its strong industrial fundamentals. Situated in Salisbury, NC, the asset benefits from regional connectivity and access to the greater Charlotte and Piedmont markets, making it well-suited for companies seeking scalable industrial space in a cost-effective location.
This offering represents a rare opportunity to acquire a large, functional industrial facility with significant land, strong infrastructure, and long-term upside.
Investment highlights
- Industrial outdoor storage potential: 110 Thermoid way offers a +13.63-acre site featuring two buildings totaling +145,000 SF (+100,000 SF and +45,000 SF) to be delivered vacant, providing immediate execution of a multi-tenant industrial and/or IOS leasing strategy.
- Escrow-backed guaranteed NOI: Offered with a 3.5-year escrow-backed NOI guarantee at $2.75 PSF NNN across 145,000 SF, equating to $398,750 of annual income. The escrow structure provides a downside-protected income floor during lease-up, allowing the buyer to execute the leasing strategy and release the asset at market rents.
- Compelling value-add upside with mark-to-market opportunity: IOS functionality and flexible multi-tenant configuration support blended market rents of approximately $4.50 PSF NNN, driving stabilized NOI of approximately $638,000.
- Strategic regional access equidistant from charlotte & triad: Located approximately one mile from I-85, offering efficient connectivity to the Greater Charlotte & Triad industrial markets and key regional distribution corridors.
- Salisbury’s manufacturing & distribution market: Long known for its manufacturing base, the area continues to attract industrial users seeking proximity to major population centers, intermodal freight routes, and the broader NC logistics network.
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Zoning
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?
