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151 Blue Bell Rd 9,360 SF Industrial Building Greensboro, NC 27406 $1,650,000 ($176.28/SF) 7.75% Cap Rate



Investment Highlights
- Fully leased investment property with stable income through February 2029
- Functional layout with warehouse, offices, training rooms, and certified clean room
- Roof replaced in 2016 and property zoned HI for industrial use
- Current tenant: Apex Industrial, paying $127,890 annually with 3% annual increases
- Two 10’ x 8’ docks, fenced yard with gate, and conditioned warehouse space
Executive Summary
This fully leased industrial investment property at 151 Blue Bell Road in Greensboro, NC offers a stable income stream and long-term tenant security. The building spans approximately 9,360 square feet, featuring a functional layout with ±7,926 square feet of warehouse space and ±1,434 square feet of office and training areas. The property includes a certified clean room, multiple offices, training rooms, and storage areas, making it highly adaptable for specialized industrial operations.
The site is equipped with two 10’ x 8’ docks, gas pack heaters, and a conditioned warehouse (excluding the clean room). A fenced yard with a secure gate enhances operational efficiency and security. Zoned HI, the property sits on a 0.59-acre lot and benefits from a roof replacement completed in 2016.
Currently leased to Apex Industrial through February 2029, the asset generates $127,890 in annual rent with 3% annual increases, providing investors with predictable cash flow and upside potential. Offered at $1,650,000, this property represents an excellent opportunity to acquire a well-maintained industrial asset in a strong Greensboro submarket with convenient access to major transportation routes.
The site is equipped with two 10’ x 8’ docks, gas pack heaters, and a conditioned warehouse (excluding the clean room). A fenced yard with a secure gate enhances operational efficiency and security. Zoned HI, the property sits on a 0.59-acre lot and benefits from a roof replacement completed in 2016.
Currently leased to Apex Industrial through February 2029, the asset generates $127,890 in annual rent with 3% annual increases, providing investors with predictable cash flow and upside potential. Offered at $1,650,000, this property represents an excellent opportunity to acquire a well-maintained industrial asset in a strong Greensboro submarket with convenient access to major transportation routes.
Property Facts
| Price | $1,650,000 | Lot Size | 0.58 AC |
| Price Per SF | $176.28 | Rentable Building Area | 9,360 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 7.75% | Year Built | 1969 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Ratio | 1.12/1,000 SF |
| Building Class | B | ||
| Zoning | HI - Heavy Industrial | ||
| Price | $1,650,000 |
| Price Per SF | $176.28 |
| Sale Type | Investment |
| Cap Rate | 7.75% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 0.58 AC |
| Rentable Building Area | 9,360 SF |
| No. Stories | 1 |
| Year Built | 1969 |
| Tenancy | Single |
| Parking Ratio | 1.12/1,000 SF |
| Zoning | HI - Heavy Industrial |
Amenities
- Fenced Lot
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 0052272 | Improvements Assessment | $231,200 |
| Land Assessment | $63,000 | Total Assessment | $294,200 |
Property Taxes
Parcel Number
0052272
Land Assessment
$63,000
Improvements Assessment
$231,200
Total Assessment
$294,200
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151 Blue Bell Rd
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