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33693143
33693142

1601 & 1603 Anthony Road, Burlington, NC 27215

AD
NC 359668
DZ
NC 319260
Avison Young - Raleigh Durham
Avison Young - Raleigh Durham
Listed by Avison Young - Raleigh Durham
Unpriced
12 days on market
Updated 12 days ago
Opportunity zone

1601 & 1603 Anthony Road

Details
APN 120395
Property Type Office, Industrial
Sub Type Executive Office, Warehouse
Square Footage 154,000
NOI $561,000
Occupancy 50%
Tenancy Vacant
Lease Type NNN
Price per SqFt $88
Year Built 1997
Buildings 2
Acreage 17.220
Zoning Medium Industrial (MI)
Parking Spaces 210 spaces
Parking Per SqFt 1.36
Investment Type Value Add

Office | 154,000 SqFt

Marketing description

1601 & 1603 Anthony Road in Burlington, NC represents a rare opportunity to acquire a two-building industrial and office property totaling 154,000 square feet on 17.22 acres in South Burlington's premier industrial corridor. Built in 1997, the property includes a 125,000 SF industrial building and a 29,000 SF office building, offering a versatile mix of industrial and office space with stable income and value-add potential.

Ownership is willing to subdivide property and sell buildings separately. The industrial building is currently leased, providing immediate cash flow, while the office building will be delivered vacant, offering a unique opportunity for a single-tenant corporate lease in a submarket with limited comparable office options. The office building features a relatively open floor plan, minimal demising walls, and a dock with a leveler and door, allowing for flexible tenant configurations.

Strategically located just one mile from I-40, the property enjoys excellent visibility and accessibility in the heart of Burlington's industrial corridor along Anthony Road. The site provides 220 shared parking spaces and is zoned Medium Industrial (MI), supporting industrial, office, or mixed-use operations. This offering presents a rare investment opportunity with immediate industrial income, office lease-up potential, and a prime location in a strong industrial corridor, making it appealing for investors seeking both stability and upside.

Burlington is strategically located less than a 45-minute drive from Durham, Research Triangle Park, and Greensboro, making it an attractive, more affordable option for residents working in these major employment hubs. Interstate 40 provides direct access west to Charlotte and east to Raleigh and the Atlantic coast.

The city is experiencing long-term growth, driven not only by its prime interstate access but also by strategic municipal investments. Historic downtown Burlington has been revitalized with new loft apartments, offices, breweries, and parks, all connected by multi-use pathways, enhancing the area’s livability and appeal.

This high-growth market has increasingly drawn investor attention in recent years, offering strong potential returns in both commercial and residential sectors.

Investment highlights

Industrial
  • Price: $9,000,000 $
  • Price Per SF: 72.00
  • Acres (SF):125,000
Office
  • $4,500,000
  • Price: $155.17
  • Acres (SF): 29,000

Listing Contacts

AD
NC 359668
DZ
NC 319260
Avison Young - Raleigh Durham
Avison Young - Raleigh Durham
Listed by Avison Young - Raleigh Durham

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Loan Amount
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Annual Cash Flow
$561,000.00
$46,750.00/mo

Valuation Metrics

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Map

Zoning

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MI IndustrialMedium Industrial
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Last updated Jun 18, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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Additional Information

Name
Angelo Donato
License
359668
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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