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Mt Vernon Building 2003 Willow Spring Ln 20,069 SF Industrial Building Burlington, NC 27215 $2,500,000 ($124.57/SF)
Investment Highlights
- Located 1 mile from I-40/I-85; across from the Burlington Municipal Airport.
Executive Summary
This building offers 5,000 SF of office space and 15,000 SF of warehouse space. Currently fully leased. There is a ground lease from Mount Vernon Chemicals LLC for 99 years. Lease is $12,000 per month payable from the tenant (land owner) to the building owner (seller). Located 1 mile from I-40/I-85; across from the Burlington Municipal Airport. Central NC with less than an hours drive to Raleigh & Winston Salem, quicker to Durham, Chapel Hill, Mebane, Greensboro & High Point with Charlotte 1 1/2 hours away.
Property Facts
| Price | $2,500,000 | Lot Size | 3.06 AC |
| Price Per SF | $124.57 | Rentable Building Area | 20,069 SF |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Industrial | Year Built | 2016 |
| Property Subtype | Warehouse | Tenancy | Single |
| Building Class | B | Parking Ratio | 0.6/1,000 SF |
| Zoning | LI - Light Industrial | ||
| Price | $2,500,000 |
| Price Per SF | $124.57 |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 3.06 AC |
| Rentable Building Area | 20,069 SF |
| No. Stories | 1 |
| Year Built | 2016 |
| Tenancy | Single |
| Parking Ratio | 0.6/1,000 SF |
| Zoning | LI - Light Industrial |
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
Property Taxes
| Parcel Number | 172759 | Improvements Assessment | $1,544,874 |
| Land Assessment | $137,700 | Total Assessment | $1,682,574 |
Property Taxes
Parcel Number
172759
Land Assessment
$137,700
Improvements Assessment
$1,544,874
Total Assessment
$1,682,574
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Mt Vernon Building | 2003 Willow Spring Ln
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