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32228158
32228152

555 LUCY GARRETT RD, ROXBORO, NC 27574-9793

AD
NC NC 317771
Berkeley Capital Advisors Charlotte
RF
NC 280948
Berkeley Capital Advisors Charlotte
Listed by Berkeley Capital Advisors Charlotte
$8,129,000
49 days on market
Updated 4 days ago

Wesbell Technologies

Details
APN A50 61
Property Type Industrial
Sub Type Distribution, Warehouse
Square Footage 118,000
Units 1
Cap Rate 6.75%
NOI $548,700
Tenancy Single
Lease Type NN
Lease Term 7
Lease Expiration 06/14/2033
Remaining Term 7
Rent Bumps Yes
Lease Options 1, 5-year
Broker Co-Op True
Year Built 1996
Buildings 1
Stories 1
Acreage 31.770
Parking Spaces spaces
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 06/15/2026
Ground Lease No
Ceiling Height 31
Loading Docks 13
Dock High Doors 5

Recent Capital Improvements | Attractive Rent Growth | New Lease Extension

Investment highlights

• Mission critical facility for tenant | Serves as their United States headquarters and only location in the US | Operating in this facility for over 15 years

• Recently agreed to a 7-year lease extension at significantly higher rent demonstrating tenant’s long-term commitment to the site and confidence in location

• Experienced operator | Wesbell Investment Recovery LTD | Successful company for over 60 years with 7 locations across 6 Provinces & States

• Recent building and property improvements completed | Capital

upgrades enhance asset condition and reduce near-term maintenance risk | Seller has also prepaid 6 years of preventative maintenance on the roof

• Attractive rent growth | 2.5% annual increases provide consistent NOI growth and hedge against inflation

• Approx. 118,000 SF facility | Efficient industrial layout with 15% office and 85% warehouse space

• Significantly large parcel | 31.77 acres | Zoned industrial

• Flexible loading capabilities | Combination of dock-high and gradelevel doors

• Strategically located off Hwy 501 | 19,500 VPD

• Large industrial presence nearby | 1.4M SF of space within a 2-mile radius

• 10 minutes from Person Memorial Hospital | 98 beds

• 15 minutes from Piedmont Community College | 1,551 students

• 10 minutes Person High School | 1,165 students

• 40 minutes from Durham, 50 minutes from Chapel Hill, and 1 hour from downtown Raleigh

• Nearby destination retailers | Walmart Supercenter, Food Lion, Lowe’s, Tractor Supply Co., Sheetz, Taco Bell, McDonald’s, Wendy’s, Burger King, Bojangles, Cook Out, KFC, Popeyes, Arby’s, Subway, Domino’s Pizza, Papa John’s, Hardee’s, Biscuitville, and more

Listing Contacts

AD
NC NC 317771
Berkeley Capital Advisors Charlotte
RF
NC 280948
Berkeley Capital Advisors Charlotte
Listed by Berkeley Capital Advisors Charlotte

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$548,700.00
$45,725.00/mo

Valuation Metrics

0
DSCR
6.75%
Cap Rate
6.75%
ROI

Map

Zoning

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I-2 IndustrialHeavy Industrial District
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Last updated Feb 9, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Al Dickens
License
NC 317771
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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