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8221 Brownleigh Dr 41,028 SF Industrial Building Raleigh, NC 27617 $8,800,000 ($214.49/SF) 6% Cap Rate
Investment Highlights
- Situated in a thriving commercial district with strong demographics.
- Immediate access to major highways and key business corridors.
Executive Summary
8221 BROWNLEIGH DRIVE IS STRATEGICALLY POSITIONED IN THE HEART OF WEST RALEIGH’S PREMIER INDUSTRIAL CORRIDOR, JUST MINUTES FROM I-40, I-440 (THE BELTLINE), AND THE WADE AVENUE EXTENSION — OFFERING SEAMLESS ACCESS TO THE TRIANGLE’S MOST ACTIVE DISTRIBUTION AND BUSINESS HUBS.
Property Facts
| Price | $8,800,000 | Lot Size | 3.28 AC |
| Price Per SF | $214.49 | Rentable Building Area | 41,028 SF |
| Sale Type | Investment NNN | No. Stories | 1 |
| Cap Rate | 6% | Year Built | 1987 |
| Sale Condition | Sale Leaseback | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 0.75/1,000 SF |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 5 |
| Building Class | B | ||
| Zoning | TD - Town District | ||
| Price | $8,800,000 |
| Price Per SF | $214.49 |
| Sale Type | Investment NNN |
| Cap Rate | 6% |
| Sale Condition | Sale Leaseback |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 3.28 AC |
| Rentable Building Area | 41,028 SF |
| No. Stories | 1 |
| Year Built | 1987 |
| Tenancy | Single |
| Parking Ratio | 0.75/1,000 SF |
| No. Dock-High Doors/Loading | 5 |
| Zoning | TD - Town District |
Amenities
- Signage
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Property Taxes
| Parcel Number | 0777.01-48-1165-000 | Improvements Assessment | $4,840,176 |
| Land Assessment | $973,127 | Total Assessment | $5,813,303 |
Property Taxes
Parcel Number
0777.01-48-1165-000
Land Assessment
$973,127
Improvements Assessment
$4,840,176
Total Assessment
$5,813,303
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8221 Brownleigh Dr
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