

1101 E Cornwallis
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
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