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Investment Highlights

  • 34,112-SF warehouse strategically positioned 2 miles from I-85 between Raleigh-Durham and Greensboro.
  • Features 1,200 amps of 480V power and 1,600 amps of 208V, 3-phase power, 7 HVAC systems, three 3 services, 3 electric meters, and up to 3 gas meters.
  • Multi-tenant layout configuration with up to three units offering a range of lease income strategies or a partial owner/user acquisition.
  • Equipped with 3 dock-high doors, 12’ to 15’ ceiling heights, remodeled office space, 3 drive-ins, wet sprinklers, and Wi-Fi-controlled exterior doors.
  • Fully fenced industrial outdoor storage (IOS) and trailer parking capacity with 67,000 SF of asphalt parking space and a 25,000 SF paved storage yard.
  • Long-term durability with minimal maintenance supported by new exterior improvements, upgraded efficiency systems, and robust metal construction.

Executive Summary

Built to a higher standard than the typical industrial property, 114 S State Street was designed and constructed by an experienced industrial general contractor with exceptional attention to infrastructure, functionality, and finishes.
Positioned at 114 S State Street in Haw River, North Carolina, this property benefits from a prime location within the Burlington–Mebane industrial corridor, centrally situated between the Raleigh/Durham and Greensboro markets. The site is just 2 miles from Interstate 85 (Exit 150), providing seamless connectivity across the Triad and Triangle.
This fully modernized, fully climate-controlled manufacturing/lab/flex warehouse comprises 34,112 square feet of highly functional industrial space designed to accommodate a wide range of manufacturing, distribution, flex, warehouse, and industrial users. The building is currently configured as one long, contiguous facility, but is set up to be easily divisible into three suites:
* Suite 100 – 9,064 SF
* Suite 200 – 10,023 SF
* Suite 300 – 15,025 SF
Users can occupy an individual suite, combine adjoining suites, or utilize the entire 34,112 SF facility. Importantly, subdivision requires minimal construction. The building already has separate utility infrastructure and metering/submetering in place to support multiple occupants, and the primary work required to physically separate the suites is simply closing the existing openings between adjoining spaces. This provides exceptional flexibility for both single-tenant and multi-tenant occupancy without the cost and complexity typically associated with subdividing an industrial facility.
Loading is distributed throughout the building, allowing each suite to maintain independent drive-in access. Suite 100 features one rear 14' W × 10' H drive-in door. Suite 200 features one rear 14' W × 10' H drive-in door. Suite 300 features one front 12' W × 10' H drive-in door, two front 8' W × 9' H dock-high doors, and one rear 8' W × 10' H dock-high door designed for small-truck access only. This configuration provides excellent loading flexibility for a variety of manufacturing, warehouse, distribution, and flex users.
Ceiling heights range from 12 to 15 feet, and the entire building is fully wet-sprinklered, heated, and cooled throughout. Inside the warehouse, all exterior walls feature a steel-stud framed panel system with R-42 insulation, OSB, and finished sheetrock, creating a clean, energy-efficient, and durable interior. The facility also includes three separate restroom groups, approximately 3,363 square feet of newly remodeled office space, and upgraded high-lumen LED lighting throughout for improved visibility and energy efficiency.
Heavy power capacity is a standout feature, with 1,200 amps of 480-volt power and 1,600 amps of 208-volt, 3-phase power to support heavy manufacturing and equipment needs. The property also includes seven HVAC systems totaling 65 tons of capacity, all equipped with Trane Wi-Fi controls.
The building is serviced by three water lines—one 2-inch and two 1-inch—as well as two separate sewer taps, including one 6-inch drain tap and one 4-inch drain tap. The building also has three electric meters and the ability to accommodate up to three gas meters, with gas service capable of more than 30 million BTUs. Together with the separate restroom groups and flexible suite configuration, this infrastructure makes subdivision and multi-tenant occupancy especially seamless.
Exterior improvements are extensive and deliver a clean, professional presence. The site includes 67,000 square feet of new 5-inch-thick asphalt parking with 76 car and truck spaces, all-new curbing, an industrial outdoor storage (IOS) yard, new landscaping, and all-new exterior lighting throughout the parking lot and yard.
The property is fully fenced with 800 feet of new 5-foot decorative fencing along the front and side and 700 feet of new 8-foot black chain-link screening fence enclosing the approximately 25,000-square-foot rear paved storage yard. Additional upgrades include a new 3-foot-tall brick façade across the front and side of the building and brand-new exterior windows with three modern glass entrances. Exterior doors feature remotely managed Schlage Wi-Fi access controls, allowing entry codes to be changed remotely while maintaining an electronic event log.
This turnkey manufacturing/lab/flex facility combines heavy power, full climate control, modern infrastructure, excellent loading capabilities, secure outdoor storage, and an unusually flexible layout. With suite options ranging from approximately 9,000 square feet to the full 34,112 square feet, the property can accommodate users of varying sizes while offering the ability to expand into adjoining space as operational needs grow.

Property Facts

Price $4,500,000
Price Per SF $131.92
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Manufacturing
  • Flex Light Manufacturing
  • Flex Showroom
  • Industrial Distribution
Building Class B
Lot Size 4.32 AC
Rentable Building Area 34,112 SF
No. Stories 1
Year Built/Renovated 1991/2026
Tenancy Single
Parking Ratio 2.26/1,000 SF
Clear Ceiling Height 12’
No. Dock-High Doors/Loading 3
No. Drive In / Grade-Level Doors 3
Opportunity Zone Yes
Zoning I2 - Heavy manufacturing, lab, processing, flex, and /or warehousing

Amenities

  • 24 Hour Access
  • Conferencing Facility
  • Fenced Lot
  • Floor Drains
  • Front Loading
  • Wheelchair Accessible
  • Air Conditioning
  • Breakroom
  • Perimeter Security Fence

Utilities

  • Lighting - Fluorescent
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Floor
  • 9,064-34,112 SF
  • Industrial
  • Full Build-Out
  • Now

Available Industrial Space – 9,064 SF to 34,112 SF Fully conditioned industrial facility consisting of three connected bays totaling 34,112 SF. Lease an individual bay, combine adjacent bays, or lease the entire building at a reduced whole-building rate. The bays are currently separated by walls with large interconnecting openings allowing easy access between spaces. Suite 100 – ±9,064 SF: $12.00/SF NNN + $1.65/SF TICAM. Approx. 800 amps at 480V with step-down to 208V. Ideal for heavier power users with a warehouse-focused layout. Includes one rear 14' W x 10' H drive-in door and one storefront entrance. Suite 200 – ±10,023 SF: $12.00/SF NNN + $1.65/SF TICAM. 400 amps at 480V with step-down to 208V. Offers additional office space and is well suited for users with moderate power requirements. Includes one rear 14' W x 10' H drive-in door and one storefront entrance. Suite 300 – ±15,025 SF: $12.00/SF NNN + $1.65/SF TICAM. 1,600 amps at 208V with a warehouse/loading-focused layout. Includes two front 8' W x 9' H dock-high doors, one front 12' W x 10' H drive-in door, and one 8' W x 10' H elevated dock door. Elevated dock is not truck accessible and is ideal for dumpster or loading use. Entire Building – 34,112 SF: Reduced whole-building rate of $8.95/SF NNN + $1.65/SF TICAM. A single tenant leasing the entire facility receives access to all three bays, combined electrical capacity, three drive-in doors, two front dock-high doors, and one rear elevated dock door. Large interconnecting openings provide convenient access between all three bays. Building Features: Fully conditioned space with 2,800 total amps available, 480V and 208V power, suite-specific electrical capacity, a mix of warehouse and office space, multiple storefront entrances, and multiple loading options. Individual bays may be combined to accommodate larger space requirements.

Space Size Space Use Build-Out Available
1st Floor 9,064-34,112 SF Industrial Full Build-Out Now

1st Floor

Size
9,064-34,112 SF
Space Use
Industrial
Build-Out
Full Build-Out
Available
Now

1st Floor

Size 9,064-34,112 SF
Space Use Industrial
Build-Out Full Build-Out
Available Now

Available Industrial Space – 9,064 SF to 34,112 SF Fully conditioned industrial facility consisting of three connected bays totaling 34,112 SF. Lease an individual bay, combine adjacent bays, or lease the entire building at a reduced whole-building rate. The bays are currently separated by walls with large interconnecting openings allowing easy access between spaces. Suite 100 – ±9,064 SF: $12.00/SF NNN + $1.65/SF TICAM. Approx. 800 amps at 480V with step-down to 208V. Ideal for heavier power users with a warehouse-focused layout. Includes one rear 14' W x 10' H drive-in door and one storefront entrance. Suite 200 – ±10,023 SF: $12.00/SF NNN + $1.65/SF TICAM. 400 amps at 480V with step-down to 208V. Offers additional office space and is well suited for users with moderate power requirements. Includes one rear 14' W x 10' H drive-in door and one storefront entrance. Suite 300 – ±15,025 SF: $12.00/SF NNN + $1.65/SF TICAM. 1,600 amps at 208V with a warehouse/loading-focused layout. Includes two front 8' W x 9' H dock-high doors, one front 12' W x 10' H drive-in door, and one 8' W x 10' H elevated dock door. Elevated dock is not truck accessible and is ideal for dumpster or loading use. Entire Building – 34,112 SF: Reduced whole-building rate of $8.95/SF NNN + $1.65/SF TICAM. A single tenant leasing the entire facility receives access to all three bays, combined electrical capacity, three drive-in doors, two front dock-high doors, and one rear elevated dock door. Large interconnecting openings provide convenient access between all three bays. Building Features: Fully conditioned space with 2,800 total amps available, 480V and 208V power, suite-specific electrical capacity, a mix of warehouse and office space, multiple storefront entrances, and multiple loading options. Individual bays may be combined to accommodate larger space requirements.

Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 153891
  • 153922
Land Assessment
$43,029
Improvements Assessment
$946,344
Total Assessment
$989,373
  • Listing ID: 39503812

  • Date on Market: 2/20/2026

  • Last Updated:

  • Address: 114 S State St, Haw River, NC 27258

Contact the Sale Advisor

Fully Conditioned with Heavy Power | 114 S State St

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