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1007 Lexington Ave 1007 Lexington Ave 96,000 SF 80% Leased Industrial Building Salisbury, NC 28144 $3,300,000 ($34.38/SF) 5.28% Cap Rate



INVESTMENT HIGHLIGHTS
- 12 Divided Bays
- New Roof
- Has Dock-High and Drive In Doors
EXECUTIVE SUMMARY
Located in the heart of Salisbury and just 5 minutes from I-85, this 96,000 SF light industrial building offers excellent access, functionality, and infrastructure for a wide range of users and investors. The property features a 14’ clear height, sprinkler system throughout, and four dock-high loading doors, supporting efficient warehousing, distribution, or light manufacturing operations.
The building is currently approximately 80% tenant occupied, providing immediate income. Copies of existing leases are available upon request, and all leases are short-term, allowing flexibility for a buyer seeking partial or full owner-occupancy in the near term.
The property includes a ±0.69-acre fenced yard, ideal for secure outdoor storage or equipment staging, as well as a separate ±0.22-acre dedicated parking lot. Interior improvements include five restrooms, with three located in Bay 1 and two in Bay 12, ensuring convenient facilities throughout the building.
Additionally, three-phase power is available in Bay 12, servicing nearly half of the facility and accommodating power-intensive operations. This well-located and versatile asset presents a rare opportunity for investors or owner-users seeking scale, income, and flexibility in the Salisbury industrial market.
Showings are by appointment only. Please do not disturb the current tenants.
PROPERTY FACTS
AMENITIES
- 24 Hour Access
- Fenced Lot
- Storage Space
UTILITIES
- Lighting
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Located in the heart of Salisbury and just 5 minutes from I-85, this 96,000 SF light industrial facility offers flexible leasing options for warehousing and storage users. The building features a 14’ clear height, sprinkler system throughout and offers multiple configurations at different sizes to fit your business.
Located in the heart of Salisbury and just 5 minutes from I-85, this 96,000 SF light industrial facility offers flexible leasing options for warehousing and storage users. The building features a 14’ clear height, sprinkler system throughout and offers multiple configurations at different sizes to fit your business.
Located in the heart of Salisbury and just 5 minutes from I-85, this 96,000 SF light industrial facility offers flexible leasing options for warehousing and storage users. The building features a 14’ clear height, sprinkler system throughout and offers multiple configurations at different sizes to fit your business.
| Space | Size | Space Use | Condition | Available |
| 1st Fl - 1B | 4,320 SF | Industrial | - | Jan 2026 |
| 1st Fl - 2B | 5,171 SF | Industrial | - | Now |
| 1st Fl - 4A | 2,610 SF | Industrial | Shell Space | 30 Days |
1st Fl - 1B
| Size |
| 4,320 SF |
| Space Use |
| Industrial |
| Condition |
| - |
| Available |
| Jan 2026 |
1st Fl - 2B
| Size |
| 5,171 SF |
| Space Use |
| Industrial |
| Condition |
| - |
| Available |
| Now |
1st Fl - 4A
| Size |
| 2,610 SF |
| Space Use |
| Industrial |
| Condition |
| Shell Space |
| Available |
| 30 Days |
1st Fl - 1B
| Size | 4,320 SF |
| Space Use | Industrial |
| Condition | - |
| Available | Jan 2026 |
Located in the heart of Salisbury and just 5 minutes from I-85, this 96,000 SF light industrial facility offers flexible leasing options for warehousing and storage users. The building features a 14’ clear height, sprinkler system throughout and offers multiple configurations at different sizes to fit your business.
1st Fl - 2B
| Size | 5,171 SF |
| Space Use | Industrial |
| Condition | - |
| Available | Now |
Located in the heart of Salisbury and just 5 minutes from I-85, this 96,000 SF light industrial facility offers flexible leasing options for warehousing and storage users. The building features a 14’ clear height, sprinkler system throughout and offers multiple configurations at different sizes to fit your business.
1st Fl - 4A
| Size | 2,610 SF |
| Space Use | Industrial |
| Condition | Shell Space |
| Available | 30 Days |
Located in the heart of Salisbury and just 5 minutes from I-85, this 96,000 SF light industrial facility offers flexible leasing options for warehousing and storage users. The building features a 14’ clear height, sprinkler system throughout and offers multiple configurations at different sizes to fit your business.
PROPERTY TAXES
| Parcel Number | 011-376 | Improvements Assessment | $118,244 |
| Land Assessment | $118,950 | Total Assessment | $237,194 |
PROPERTY TAXES
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1007 Lexington Ave | 1007 Lexington Ave
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