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Single-Tenant Industrial

Ferguson Waterworks | Net Leased Industrial

5159 US-301, Hope Mills, NC 28348

Listing Price: $750,000

Cap Rate
6.50%
Gross SF
6,000
Price/Gross SF
$125.00
Lot Size
4.59 acres
Year Built
1973
Rentable SF
6,000

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale the fee simple interest (land & building) of a single-tenant industrial investment property located in Hope Mills, North Carolina. The property consists of a 6,000 +/- square foot structure situated on approximately 4.59 Acres. Renovated in 2010 and formerly used as a truck terminal, the building is dock level and less than 1 Mile from Interstate 95.

Investment Highlights

  • Ferguson recently provided notice to formally exercise its third, and final, option period, extending the current guaranteed base term through 9/30/2024.
  • The property consists of a 6,000 +/- square foot structure situated on approximately 4.59 Acres.
  • Formerly used as a truck terminal, the building is dock level and less than 1 Mile from Interstate 95.

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Regional Manager

    (843) 952-2222

    License(s) NC: 303785

    North Carolina

Financing By

Single-Tenant Industrial

Ferguson Waterworks | Net Leased Industrial

Listing Price: $750,000

Cap Rate
6.50%
Gross SF
6,000
Price/Gross SF
$125.00
Lot Size
4.59 acres
Year Built
1973
Rentable SF
6,000

Investment Highlights

  • Ferguson recently provided notice to formally exercise its third, and final, option period, extending the current guaranteed base term through 9/30/2024.
  • The property consists of a 6,000 +/- square foot structure situated on approximately 4.59 Acres.
  • Formerly used as a truck terminal, the building is dock level and less than 1 Mile from Interstate 95.

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale the fee simple interest (land & building) of a single-tenant industrial investment property located in Hope Mills, North Carolina. The property consists of a 6,000 +/- square foot structure situated on approximately 4.59 Acres. Renovated in 2010 and formerly used as a truck terminal, the building is dock level and less than 1 Mile from Interstate 95.

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Regional Manager

    (843) 952-2222

    License(s): NC: 303785

    North Carolina

Financing By

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