Small Bay Flex for Sale

Description:

This brand-new, fully leased industrial flex property presents a compelling investment opportunity offering immediate cash flow with long-term upside potential. Designed with modern functionality in mind, the asset features three separate buildings with suite sizes ranging from approximately ±1,857 square feet to ±24,909 square feet, accommodating a diverse mix of tenants and providing flexibility for future leasing strategies. The strong tenant demand for quality small- and mid-bay industrial space positions this property as a stable and attractive addition to any investment portfolio.

Each building offers a 24-foot clear height throughout, delivering efficient warehouse operations and enhanced tenant appeal. A combination of drive-in and dock-high loading doors, along with full truck courts, supports a wide range of uses including distribution, light manufacturing, and service-oriented operations. All buildings are fully sprinklered, ensuring safety, code compliance, and alignment with institutional tenant requirements.

Strategically located within one mile of Westinghouse Boulevard—one of North Carolina’s largest and most established industrial corridors—the property benefits from exceptional regional connectivity with convenient access to I-77 and I-485. The current 2.94-year weighted average lease term (WALT) provides stabilized in-place income while offering near-term rollover potential, creating opportunities for future rent growth and value enhancement.

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