209 Technology Park Ln - Showroom FOR SALE


Fuquay Varina, NC 27526
$4,399,000 USD
919-896-7834
209 Technology Park Ln, Fuquay Varina, NC for Sale
$4,399,000 USD
Showroom - FOR SALE
1/23
null | Request Cap Rate

209 Technology Park Ln
Fuquay Varina, NC 27526


HIGHLIGHTS

  • Well maintained building that can be used by traditional industrial users or creative retail.
  • Great highway access to service wide range of the triangle.
  • Significant capital improvement by current ownership.
  • Record rental growth and high barriers entry.

OVERVIEW

209 Technology Park has been the home to Aviator Brewing for over ten years. The property features a great combination of warehouse, office, and retail space that can easily be converted. The combination of dock doors, drive ins, single elevation insulated slab, and outdoor storage will be attractive to a wide range of users. Technology Park Lane is filled with a diverse array of industrial and flex users. Fuquay-Varina, along with the entire Triangle, has experienced high population and economic growth over the past 10 years. The property represents the rare opportunity for an owner to purchase a building well below replacement cost in a limited industrial market that maintains low vacancy. Owner will require a short term lease back until their new production facility is completed (3-6 months).

FOR SALE DETAILS

PRICE

$4,399,000 USD

PRICE/SF

$198 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Showroom

ADD'L SUBTYPES

Bar

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2001

UTILITIES

-

CLEAR CEILING HT

18 Ft

DOCKS

4

DRIVE INS

1

PARKING SPACES

23

LAND DETAILS

LAND ACRES

1.84

LAND SF

80,150

ZONING

LI

APN/PARCEL ID

0658.04-60-9503-000

ASK ABOUT THIS PROPERTY

Josh PointsMedalist CapitalMore Info
919-896-7834

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Josh PointsMedalist CapitalMore Info
919-896-7834

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.