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Investment Highlights
- Offers potential for a truly passive investment structure for the new owner, subject to terms of a new lease
- Equipped with modern finishes and an efficient layout suitable for manufacturing, distribution, or flex space use.
- Offers potential for stable cash flow with a 6.7% cap rate upon new lease generation.
Property Facts
| Total Building Size | 64,000 SF | Floors | 1 |
| Property Type | Flex (Condo) | Typical Floor Size | 64,000 SF |
| Property Subtype | Light Manufacturing | Year Built | 2010 |
| Building Class | B | Lot Size | 0.73 AC |
| Zoning | LI - Light Industrial | ||
| Total Building Size | 64,000 SF |
| Property Type | Flex (Condo) |
| Property Subtype | Light Manufacturing |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 64,000 SF |
| Year Built | 2010 |
| Lot Size | 0.73 AC |
| Zoning | LI - Light Industrial |
Amenities
- 24 Hour Access
- Bio-Tech/ Lab Space
- Storage Space
- Air Conditioning
Utilities
- Lighting
- Gas - Natural
- Heating - Gas
1 Unit Available
Unit 307-312
| Unit Size | 16,000 SF | Sale Type | Investment or Owner User |
| Price | $3,200,000 | Cap Rate | 8.44% |
| Price Per SF | $200.00 | NOI | $270,200 |
| Condo Use | Flex | APN/Parcel ID | 51-013-062-003-307, 51-013-062-003-308, 51-013-062-003-309, 51-013-062-003-310, 51-013-062-003-311, 51-013-062-003-312 |
| Unit Size | 16,000 SF |
| Price | $3,200,000 |
| Price Per SF | $200.00 |
| Condo Use | Flex |
| Sale Type | Investment or Owner User |
| Cap Rate | 8.44% |
| NOI | $270,200 |
| APN/Parcel ID | 51-013-062-003-307, 51-013-062-003-308, 51-013-062-003-309, 51-013-062-003-310, 51-013-062-003-311, 51-013-062-003-312 |
Sale Notes
This industrial/flex building presents 16,000 SF of versatile industrial space and an outstanding owner-user or investment opportunity. Formerly leased to Carolina Precision Manufacturing, the property will be available for new occupancy March
1st, 2026. Ownership is offering the property for sale or lease at an asking price of $3,200,000 or $14/SF/Yr (NNN), which equates to a potential NOI of $270,200/year. Previously operated as a single-tenant, net-leased investment, the property offered a 6.7% cap rate under an absolute NNN lease structure* with no landlord responsibilities. Although technically a NN lease, the previous tenant also paid association fees as additional rent, covering roof and structural maintenance.
Presented by
301-315 Camars Dr
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