801 Warehouse Street
Industrial | 138,959 SqFt
Marketing description
Bryant Capital Advisors is pleased to present the exclusive offering of 801 Warehouse Street with the opportunity to acquire a fully leased single-tenant industrial asset located within one of Greensboro's most established infill logistics corridors.
The property consists of a 138,959-SF warehouse facility situated on 4.35 acres and is occupied by South Atlantic Bonded Warehouse Corporation, a regional logistics operator founded in 1909. The single-tenant net lease structure provides stable in-place income with limited day-to-day landlord responsibilities.
Originally constructed in 1961 and renovated in 1984, the property offers functional warehouse specifications that continue to serve regional distribution users, including 5,118 square feet of office space, nine dock-high loading positions, 24 trailer stalls, clear heights reaching approximately 22'10", and HI zoning. The asset's below-replacement-cost basis and operational functionality position it competitively relative to newer industrial inventory.
The property benefits from direct access to Interstate 40, Interstate 85, Interstate 73, and Piedmont Triad International Airport, placing it within a critical regional distribution corridor that continues to attract warehouse, freight, and third-party logistics demand. Combined with contractual rent growth, Opportunity Zone positioning, and future leasing optionality, the investment offers durable cash flow with multiple long-term value creation paths.
Investment highlights
- STABLE CASH FLOW & EMBEDDED NOI GROWTH - The lease structure includes contractual rent escalations that provide visible revenue growth throughout the remaining lease term. Additionally, the seller-funded Year 1 NOI true-up offers immediate cash flow protection and helps reduce near-term income volatility during the initial ownership period.
- ESTABLISHED SINGLE-TENANT OCCUPANCY - The property is fully leased to South Atlantic Bonded Warehouse Corporation, a regional logistics operator founded in 1909 with an established operating history. The long-term single-tenant lease structure provides predictable income while limiting near-term rollover exposure.
- FUNCTIONAL INDUSTRIAL INFRASTRUCTURE - The facility offers operational specifications that remain highly usable for regional warehouse and distribution users, including nine dock-high loading positions, 24 trailer stalls, 17 vehicle parking spaces, and clear heights reaching approximately 22'10". These features support continued tenant functionality without requiring significant near-term capital expenditures.
- INFILL GREENSBORO INDUSTRIAL POSITIONING - Located within one of Greensboro's established industrial corridors, the property benefits from limited infill industrial supply and continued demand from warehouse, logistics, and distribution users seeking functional space within established transportation networks.
- PIEDMONT TRIAD ANCHORED IN HIGH GROWTH SUNBELT MARKET - 801 Warehouse Street benefits from direct access to Interstate 40, Interstate 85, Interstate 73, and Piedmont Triad International Airport cargo infrastructure. Greensboro's central location within the Piedmont Triad supports efficient regional distribution throughout North Carolina and the broader Southeast.
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