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Port City Distribution 602 Sunnyvale Dr 180,750 SF Industrial Building Wilmington, NC 28412 $7,950,000 ($43.98/SF)
Investment Highlights
- Located near the Port of Wilmington off Carolina Beach Road
- This rare opportunity provides unparalleled distribution access to all parts of the greater Wilmington area.
Executive Summary
± 200,000 SF of office/warehouse/distribution space with laydown yard on ± 17.14 acres in Wilmington. Located near the Port of Wilmington off Carolina Beach Road, this rare opportunity provides unparalleled distribution access to all parts of the greater Wilmington area.
The subject is ± 200,000 SF and includes ± 8,125 SF of office space. The Office area contains a reception area, restrooms, open administrative areas, conference room, and private offices. The warehouse space was previously fully climate controlled, but the system would need to be evaluated. The warehouse features one (1) dock high loading platform with two levelers, five (5) dock high 12’ x 12’ doors, one (1) 10’ x 14’ drive-in door, one (1) 12’ x 16’ drive-in door, and three (3) 12’ x 12’ drive-in doors. Ceiling heights vary from 14’ to 18’ in various sections of the building.
The subject is ± 200,000 SF and includes ± 8,125 SF of office space. The Office area contains a reception area, restrooms, open administrative areas, conference room, and private offices. The warehouse space was previously fully climate controlled, but the system would need to be evaluated. The warehouse features one (1) dock high loading platform with two levelers, five (5) dock high 12’ x 12’ doors, one (1) 10’ x 14’ drive-in door, one (1) 12’ x 16’ drive-in door, and three (3) 12’ x 12’ drive-in doors. Ceiling heights vary from 14’ to 18’ in various sections of the building.
Property Facts
| Price | $7,950,000 | No. Stories | 1 |
| Price Per SF | $43.98 | Year Built | 1959 |
| Sale Type | Owner User | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 0.55/1,000 SF |
| Property Subtype | Distribution | Clear Ceiling Height | 14’ |
| Building Class | C | No. Dock-High Doors/Loading | 5 |
| Lot Size | 15.47 AC | No. Drive In / Grade-Level Doors | 1 |
| Rentable Building Area | 180,750 SF | ||
| Zoning | HM | ||
| Price | $7,950,000 |
| Price Per SF | $43.98 |
| Sale Type | Owner User |
| Property Type | Industrial |
| Property Subtype | Distribution |
| Building Class | C |
| Lot Size | 15.47 AC |
| Rentable Building Area | 180,750 SF |
| No. Stories | 1 |
| Year Built | 1959 |
| Tenancy | Single |
| Parking Ratio | 0.55/1,000 SF |
| Clear Ceiling Height | 14’ |
| No. Dock-High Doors/Loading | 5 |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | HM |
Amenities
- Fenced Lot
- Signage
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Somewhat walkable
30/100
Very drivable
80/100
Minimal public transit
10/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $17,322,700 | |
| Land Assessment | $1,513,700 | Total Assessment | $18,836,400 |
Property Taxes
Parcel Numbers
Land Assessment
$1,513,700
Improvements Assessment
$17,322,700
Total Assessment
$18,836,400
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Photos
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Map
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Contact the Sale Advisor
Port City Distribution | 602 Sunnyvale Dr