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33200954
33200953

1101 E Cornwallis, Durham, NC 27713

MH
NC NC 219787
Triangle Real Estate Services LLC
Listed by Triangle Real Estate Services LLC
$1,500,000
20 days on market
Updated 3 days ago

1101 E Cornwallis

Details
Property Type Industrial
Sub Type Warehouse
Square Footage 6,831
Tenancy Single
Price per SqFt $219
Year Built 1975
Acreage 1.400
Zoning Industrially
Dock High Doors 3

Industrial | 6,831 SqFt

Marketing description

Opportunity for larger lay down yard and possible tenant increases after initial lease term.

Current tenant established pipe supplier in the southeastern region. Current lease through 2 quarter 2030. Tenant says they would be open to signing a new longer term lease with agreeable terms. Current 2026 base rent is $78,800 and TICAM is $9100 with 3% annual increases.

Stand alone approximately 6,831 SF industrially zoned building near RTP, downtown Durham and I-40 & NC 55 for sale. +/- 5800 SF warehouse with heat and +/- 990 SF office with heat and air. Outside concrete area of approximately 2500 SF for outside storage or possible space to be enclosed. Just under 1.4 acres for potential laydown yard area available for contractor, utility, fleet, or industrial outdoor storage use, subject to zoning and permitting requirements.  

Investment highlights

  • Built in 1975
  • Natural Gas, Electrical and City Water/Sewer
  • Two dock-high doors
  • One drive-in door
  • 6,831 SF warehouse/office building
  • Easy access to I-40, NC-147, and I-885
  • Located within Durham's established industrial corridor
  • Excellent distribution and service location for the Triangle

Listing Contacts

MH
NC NC 219787
Triangle Real Estate Services LLC
Listed by Triangle Real Estate Services LLC

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Zoning

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IL IndustrialLight IndustrialIndustrial Light
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Last updated Mar 12, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Michael Hickey
License
NC 219787
Brokerage
Triangle Real Estate Services, LLC
Brokerage Phone
9199233295
Title
Broker/Owner
Brokerage Address
121 South Estes Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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