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34187128
32464406

5926 PROSPECT ST, ARCHDALE, NC 27263-3970 For Sale

KW
FL Owner and Operator
WMD Asset Management
Listed by WMD Asset Management
Unpriced
75 days on market
Updated 9 days ago

High Point Industrial Sale - 25K SF - Vacant

Details
APN 6798478325
Property Type Industrial
Sub Type Flex, Warehouse (+1)
Square Footage 24,440
Units 1
Tenancy Vacant
Pro-Forma NOI $150,000
Class B
Year Built 1994
Year Renovated 2015
Stories 1
Acreage 1.360
Zoning LI
Investment Type Value Add
Ground Lease No
Ceiling Height 23

25K SF Industrial Warehouse | Oversized Drive-In Door | Fenced Yard | Owner-User or Investor Ready

Marketing description

±25,000 SF freestanding single-story industrial building in an established industrial corridor in the Archdale / High Point submarket. 23' clear height, oversized grade-level door, secure fenced lay-down yard, and direct frontage on Prospect St. Delivered vacant at closing — equally well-suited for an operating owner-user or for an investor pursuing a stabilized lease-up.

The Sub-30K SF flex/industrial has the highest tenant demand of any real estate asset class nationally, and the High Point submarket remains active. A new investor acquires vacant, leases up at market rents, and captures the spread — single-tenant as-is, or minor renovations to go multi-tenant at higher PSF. Understanding market rents is the single most important factor for value-add investors. Local and national lease-up support and consultation available on request.

Strategically located along Prospect St with direct access to over 18,000 vehicles per day, the facility is just 1.2 miles from I-85 Business/US 29 and 4.4 miles from I-74, offering swift connectivity to major regional highways. The surrounding area continues to see strong industrial growth, making this an excellent long-term investment for an owner-occupant.

The current owner has been operating a light metal fabrication business out of this building. He has decided to sell and is not interested in leasing. For a buyer, that's a clean delivery: vacant at close, no lease to assume, and a useful proof point — the layout, power, access, and yard already supported active heavy-use industrial work. With LI zoning, 23' clear, an oversized grade door, and a fenced lay-down yard, the building fits a long list of operating businesses.

Investment highlights

  • 25,000 SF single-tenant industrial warehouse
  • 23' clear ceiling height
  • 1 drive-in door
  • Secure fenced lay-down yard
  • Office space included
  • Ample parking
  • 1.2 miles from I-85 Business/US 29; 4.4 miles from I-74
  • Over 18,000 vehicles per day on Prospect St — excellent visibility
  • Industrial) zoning

Listing Contacts

KW
FL Owner and Operator
WMD Asset Management
Listed by WMD Asset Management

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