951 Wendell Blvd 106,000 SF 100% Leased Industrial Building Wendell, NC 27591 $27,737,801 CAD ($261.68 CAD/SF)

INVESTMENT HIGHLIGHTS

  • Affordable office in excellent location
  • Upside potential
  • Accesability

EXECUTIVE SUMMARY

Owner will need 35,000 SF for a period of ~ 36 month lease back. There is one current tenant with a 63 month lease. The property is actively being marketed for lease and is getting a lot of attention. Current landlords does not want to lease to tenants taking less than 5,000 SF but a new owner can decide to make smaller spaces to accommodate more tenants. The property also has an additional ~32,000 SF in auxiliary buildings not included in the 106,000 SF

DATA ROOM Click Here to Access

FINANCIAL SUMMARY (PRO FORMA - 2026) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

PROPERTY FACTS

Price $27,737,801 CAD
Price Per SF $261.68 CAD
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Manufacturing
Building Class B
Lot Size 48.44 AC
Rentable Building Area 106,000 SF
No. Stories 1
Year Built 1978
Parking Ratio 4.36/1,000 SF
No. Dock-High Doors/Loading 3
No. Drive In / Grade-Level Doors 1
Zoning MI - Industrial - Office, light industrial, light manufacturing, R&D, training center, call center, data center use, etc.

AMENITIES

  • Conferencing Facility
  • Security System
  • Signage
  • Air Conditioning

UTILITIES

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Manufacturing
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000

Micro-Measurements is dedicated to the development, manufacture, and marketing of sensors for high-precision strain measurement. They offer a full selection of sensors, strain gages, PhotoStress® equipment and coatings, data acquisition systems (DAQ), and accessories necessary for obtaining accurate, reliable stress data. Their state-of-the-art strain gages and accessories are used to test the safety of structures, ensure accuracy of critical medical equipment, and test aircraft wing fatigue. They are proud to see our strain gages used in these and other applications throughout the world.

  • Regional Waterproofing and Crawlspace
  • Professional, Scientific, and Technical Services
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Manufacturing 99,999 SF $9.99 Lorem Ipsum Jan 0000
Regional Waterproofing and Crawlspace Professional, Scientific, and Technical Services - $9.99 Lorem Ipsum Jan 0000

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 66,000 SF
  • Industrial
  • Full Build-Out
  • 60 Days

Landlord will remain in 35,000 SF of the building. Available space is 66,000 SF of conditioned manufacturing or R&D space. Landlord will add drive-in dock doors and bathroom as well as separate entrance. Space can be demised into smaller sections. Also available 5-7 acres for land lease at $2,500/month/acre. The landlord is willing to section off parking lot and land for laydown yard use, tenant to pay for their own fencing. This is an affordable office space solution with plenty of parking, security, common area, dining area, outdoor common break areas, etc.

Space Size Space Use Condition Available
1st Floor 66,000 SF Industrial Full Build-Out 60 Days

1st Floor

Size
66,000 SF
Space Use
Industrial
Condition
Full Build-Out
Available
60 Days

PROPERTY TAXES

  • Listing ID: 35290307

  • Date on Market: 2025-03-28

  • Last Updated:

  • Address: 951 Wendell Blvd, Wendell, NC 27591