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315 Elizabeth St NW
800,000 SF 18% Leased Industrial Building Lenoir, NC 28645 $9,500,000 ($12/SF)
Investment Highlights
- 315 Elizabeth Street NW is an excellent 800,000-square-foot facility providing an efficient floor plate and endless opportunities.
- Ideally located within minutes of Highway 321 with easy access to Highway 64, Interstate 45, and Charlotte.
- Building specifications include a 20-foot clear height, 20 dock doors, and about 4,000 square feet of dedicated office space.
- Features a completely gated site with on-site security, along with plenty of surface parking and room for truck maneuvering.
Executive Summary
This exceptional 800,000-square-foot warehouse, renovated in 2023, offers versatile industrial features, including a 20-foot clear height and 20 dock doors. Situated on a 20-acre site, there is ample parking and room for truck maneuvering. 315 Elizabeth Street NW is completely gated with on-site security. Existing credit tenants Chase Corp and SJM Marketplace occupy 148,800 square feet, and this property provides stable rental income. Strategically located minutes from Highway 321, with easy access to Highway 64, Interstate 45, and Charlotte, this property ensures excellent connectivity and logistical advantages. This ideal investment opportunity benefits from competitive rental rates and a conservative proforma cap rate.
Located in western North Carolina, 315 Elizabeth Street NW provides easy highway access and convenience to major population centers. Within minutes of the property is Highway 321, delivering seamless connections to Highway 64 and Interstate 45. Charlotte is a significant North Carolina city and commercial hub that can be reached in less than an hour's drive. 315 Elizabeth Street NW is a dynamic property primed to offer an ideal investment or owner/user opportunity.
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Property Facts
Price | $9,500,000 | Rentable Building Area | 800,000 SF |
Price Per SF | $12 | No. Stories | 3 |
Sale Type | Investment or Owner User | Year Built | 1971 |
Property Type | Industrial | Parking Ratio | 0.26/1,000 SF |
Property Subtype | Distribution | Clear Ceiling Height | 20’ |
Building Class | C | No. Dock-High Doors/Loading | 20 |
Lot Size | 20.34 AC | Opportunity Zone |
Yes
|
Price | $9,500,000 |
Price Per SF | $12 |
Sale Type | Investment or Owner User |
Property Type | Industrial |
Property Subtype | Distribution |
Building Class | C |
Lot Size | 20.34 AC |
Rentable Building Area | 800,000 SF |
No. Stories | 3 |
Year Built | 1971 |
Parking Ratio | 0.26/1,000 SF |
Clear Ceiling Height | 20’ |
No. Dock-High Doors/Loading | 20 |
Opportunity Zone |
Yes |
Amenities
- Air Conditioning
Utilities
- Gas
- Water - City
- Sewer - City
- Heating
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
315 Elizabeth Street NW offers the opportunity to occupy a spacious, secure industrial facility in Lenoir.? This single-story, 800,000-square-foot building features a 20-foot clear height, 20 dock doors, and about 4,000 square feet of dedicated office space.? The property provides an exceptional amount of space for a good price, ideal for a wide range of manufacturing, distribution, and warehouse users.? Up to 600,000 square feet of space is available to lease with build-to-suit opportunities.? Tenants have access to dedicated on-site maintenance and plenty of docks.? Situated on a 20-acre site, there is ample parking and room for truck maneuvering.? 315 Elizabeth Street is completely gated with on-site security.? Located in western North Carolina, 315 Elizabeth Street provides easy highway access and convenience to major population centers.? Within minutes of the property is Highway 321, delivering seamless connections to Highway 64 and Interstate 45.? Charlotte, a significant North Carolina city and commercial hub, can be reached in less than an hour's drive.?
315 Elizabeth Street NW offers the opportunity to occupy a spacious, secure industrial facility in Lenoir.? This single-story, 800,000-square-foot building features a 20-foot clear height, 20 dock doors, and about 4,000 square feet of dedicated office space.? The property provides an exceptional amount of space for a good price, ideal for a wide range of manufacturing, distribution, and warehouse users.? Up to 600,000 square feet of space is available to lease with build-to-suit opportunities.? Tenants have access to dedicated on-site maintenance and plenty of docks.? Situated on a 20-acre site, there is ample parking and room for truck maneuvering.? 315 Elizabeth Street is completely gated with on-site security.? Located in western North Carolina, 315 Elizabeth Street provides easy highway access and convenience to major population centers.? Within minutes of the property is Highway 321, delivering seamless connections to Highway 64 and Interstate 45.? Charlotte, a significant North Carolina city and commercial hub, can be reached in less than an hour's drive.?
315 Elizabeth Street NW offers the opportunity to occupy a spacious, secure industrial facility in Lenoir.? This single-story, 800,000-square-foot building features a 20-foot clear height, 20 dock doors, and about 4,000 square feet of dedicated office space.? The property provides an exceptional amount of space for a good price, ideal for a wide range of manufacturing, distribution, and warehouse users.? Up to 600,000 square feet of space is available to lease with build-to-suit opportunities.? Tenants have access to dedicated on-site maintenance and plenty of docks.? Situated on a 20-acre site, there is ample parking and room for truck maneuvering.? 315 Elizabeth Street is completely gated with on-site security.? Located in western North Carolina, 315 Elizabeth Street provides easy highway access and convenience to major population centers.? Within minutes of the property is Highway 321, delivering seamless connections to Highway 64 and Interstate 45.? Charlotte, a significant North Carolina city and commercial hub, can be reached in less than an hour's drive.?
Space | Size | Space Use | Condition | Available |
1st Floor | 2,500-256,000 SF | Industrial | - | Now |
2nd Floor | 2,500-200,000 SF | Industrial | - | Now |
3rd Floor | 2,500-200,000 SF | Industrial | - | Now |
1st Floor
Size |
2,500-256,000 SF |
Space Use |
Industrial |
Condition |
- |
Available |
Now |
2nd Floor
Size |
2,500-200,000 SF |
Space Use |
Industrial |
Condition |
- |
Available |
Now |
3rd Floor
Size |
2,500-200,000 SF |
Space Use |
Industrial |
Condition |
- |
Available |
Now |
1st Floor
Size | 2,500-256,000 SF |
Space Use | Industrial |
Condition | - |
Available | Now |
315 Elizabeth Street NW offers the opportunity to occupy a spacious, secure industrial facility in Lenoir.? This single-story, 800,000-square-foot building features a 20-foot clear height, 20 dock doors, and about 4,000 square feet of dedicated office space.? The property provides an exceptional amount of space for a good price, ideal for a wide range of manufacturing, distribution, and warehouse users.? Up to 600,000 square feet of space is available to lease with build-to-suit opportunities.? Tenants have access to dedicated on-site maintenance and plenty of docks.? Situated on a 20-acre site, there is ample parking and room for truck maneuvering.? 315 Elizabeth Street is completely gated with on-site security.? Located in western North Carolina, 315 Elizabeth Street provides easy highway access and convenience to major population centers.? Within minutes of the property is Highway 321, delivering seamless connections to Highway 64 and Interstate 45.? Charlotte, a significant North Carolina city and commercial hub, can be reached in less than an hour's drive.?
2nd Floor
Size | 2,500-200,000 SF |
Space Use | Industrial |
Condition | - |
Available | Now |
315 Elizabeth Street NW offers the opportunity to occupy a spacious, secure industrial facility in Lenoir.? This single-story, 800,000-square-foot building features a 20-foot clear height, 20 dock doors, and about 4,000 square feet of dedicated office space.? The property provides an exceptional amount of space for a good price, ideal for a wide range of manufacturing, distribution, and warehouse users.? Up to 600,000 square feet of space is available to lease with build-to-suit opportunities.? Tenants have access to dedicated on-site maintenance and plenty of docks.? Situated on a 20-acre site, there is ample parking and room for truck maneuvering.? 315 Elizabeth Street is completely gated with on-site security.? Located in western North Carolina, 315 Elizabeth Street provides easy highway access and convenience to major population centers.? Within minutes of the property is Highway 321, delivering seamless connections to Highway 64 and Interstate 45.? Charlotte, a significant North Carolina city and commercial hub, can be reached in less than an hour's drive.?
3rd Floor
Size | 2,500-200,000 SF |
Space Use | Industrial |
Condition | - |
Available | Now |
315 Elizabeth Street NW offers the opportunity to occupy a spacious, secure industrial facility in Lenoir.? This single-story, 800,000-square-foot building features a 20-foot clear height, 20 dock doors, and about 4,000 square feet of dedicated office space.? The property provides an exceptional amount of space for a good price, ideal for a wide range of manufacturing, distribution, and warehouse users.? Up to 600,000 square feet of space is available to lease with build-to-suit opportunities.? Tenants have access to dedicated on-site maintenance and plenty of docks.? Situated on a 20-acre site, there is ample parking and room for truck maneuvering.? 315 Elizabeth Street is completely gated with on-site security.? Located in western North Carolina, 315 Elizabeth Street provides easy highway access and convenience to major population centers.? Within minutes of the property is Highway 321, delivering seamless connections to Highway 64 and Interstate 45.? Charlotte, a significant North Carolina city and commercial hub, can be reached in less than an hour's drive.?
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $3,320,400 | |
Land Assessment | $308,300 | Total Assessment | $3,628,700 |
PROPERTY TAXES
zoning
Zoning Code | I-2 (Industrial) |
I-2 (Industrial) |
Presented by
315 Elizabeth St NW
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