DISTRIBUTION CENTER · 2126 s. Wilmington St. 15,147 SF SOUTH 40 DISTRIBUTION CENTER 2201 s....

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± 169,352 SF OF INDUSTRIAL SPACE FOR LEASE SOUTH 40 DISTRIBUTION CENTER 2201 S. WILMINGTON STREET | RALEIGH, NC 27603 NEWLY RENOVATED

Transcript of DISTRIBUTION CENTER · 2126 s. Wilmington St. 15,147 SF SOUTH 40 DISTRIBUTION CENTER 2201 s....

Page 1: DISTRIBUTION CENTER · 2126 s. Wilmington St. 15,147 SF SOUTH 40 DISTRIBUTION CENTER 2201 s. Wilmington St. 498,640 SF TOTAL SIZE (SF) 513,787 SF SITE ACREAGE 30.8 acres PIN NUMBER

± 169,352 SF OF INDUSTRIAL SPACE FOR LEASE

SOUTH 40DISTRIBUTION CENTER2201 S. WILMINGTON STREET | RALEIGH, NC 27603

NEWLYRENOVATED

Page 2: DISTRIBUTION CENTER · 2126 s. Wilmington St. 15,147 SF SOUTH 40 DISTRIBUTION CENTER 2201 s. Wilmington St. 498,640 SF TOTAL SIZE (SF) 513,787 SF SITE ACREAGE 30.8 acres PIN NUMBER

LM REAL ESTATE PARTNERS // CBRE | RALEIGH

INDUSTRIAL SPACE FOR LEASE SOUTH 40DISTRIBUTION CENTER

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DOWNTOWN RALEIGHDORTHEA DIX PARK

CARGILL DEVELOPMENT SITE

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S. Wilmington street

PROPOSED 9-ACRE MIXED USE DEVELOPMENTCARALEIGH & FULLER HEIGHTS

RESIDENTIAL NEIGHBORHOOD

PROPOSED MLS STADIUM & MIXED-USE DEVELOPMENT

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AERIAL

SOUTH 40DISTRIBUTION CENTER

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LM REAL ESTATE PARTNERS // CBRE | RALEIGH

INDUSTRIAL SPACE FOR LEASE SOUTH 40DISTRIBUTION CENTER

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South 40 Distribution Center consists of two warehouse buildings; 498,640 SF and 15,147 SF, respectively within Raleigh city limits just south of I-440. South 40 Distribution Center was built in phases starting in 1956 through the mid 1970s. The site totals 30.8 acres and includes newly paved truck court, parking lot and lay-down yard.

PROPERTY DETAILS

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2126 s. Wilmington St.15,147 SF

SOUTH 40 DISTRIBUTION CENTER2201 s. Wilmington St.

498,640 SF

TOTAL SIZE (SF) 513,787 SF

SITE ACREAGE 30.8 acres

PIN NUMBER 1702689947 (27.81 acres)1702790401 (2.99 acres)

ZONING Industrial Mixed- Use (IX-3)

YEAR CONSTRUCTED 1956 // 1998 // 2004

EXTERIOR CONSTRUCTION Masonry & SteelInsulated panels for cold storage

ROOF TPO Roofing Membrane, 60 MIL Reinforced: Versico 15 year warranty

OUTSIDE STORAGE ± 11 acres available for outside storage and/or parking

POWER2 - 500 KVA 120/208 volt transformers on the north side of the west wing; 1 - 1,000 KVA transformer on the east side of the 2 story side of the building

HVAC Split systems

FIRE PROTECTION Wet pipe sprinkler system

LIGHTING Motion sensor LED lighting

PARKING 201 shared, paved vehicle spacesAdditional spaces can be added

TRUCK COURT Front Court: 230’ x 160’Rear Court: 270’ x 240’

ADDITIONAL FEATURES Rail available

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LM REAL ESTATE PARTNERS // CBRE | RALEIGH

INDUSTRIAL SPACE FOR LEASE SOUTH 40DISTRIBUTION CENTER

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FLOOR PLAN

AVAILABLE (SF)Up to 169,352 SF; Will subdivide to:

• 101,952 SF• 67,400 SF

WAREHOUSE (SF) Up to 169,352 SF

OFFICE (SF) Build to Suit

DOCK-HIGH DOORS Thirteen (13)*

DRIVE-IN DOORS One (1)*

LOADING OPTIONS*Option A: Five (5) additional dock-high doors; no ramp

Option B: Six (6) additional dock-high doors &One (1) drive-in door with concrete ramp

COLUMN SPACING 35’ x 40’ ; Varies by location

CEILING HEIGHT 17’

LIGHTING Motion sensor LED lighting

LEASE RATE $5.75/SF, NNN

TICAM (est.) $0.93/SF

TIMING Immediate

169,352 SFTOTAL AVAILABLE

LEASED

LEASED

101,952 SF67,400 SF

LEASED

LEASED

LEASED(SECOND FLOOR)

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LM REAL ESTATE PARTNERS // CBRE | RALEIGH

INDUSTRIAL SPACE FOR LEASE SOUTH 40DISTRIBUTION CENTER

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Loading Plan: Option A

288' - 0" 354'

- 0"

50' -

11"

84' - 6"

273' - 7"

263'

- 6"

53' -

3"

189' - 5"21

2' -

2"

LEASED

17’ CEILINGHEIGHT

17’ CEILINGHEIGHT

138 127 116 1053 9421

OPTION A

5421 3

EXISTING DOCK-HIGH DOORS: 13ADDITIONAL DOCK-HIGH DOORS: 5

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LM REAL ESTATE PARTNERS // CBRE | RALEIGH

INDUSTRIAL SPACE FOR LEASE SOUTH 40DISTRIBUTION CENTER

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Loading Plan: Option B

OPTION B

163' - 1" 110' - 10 1/2"

50' -

11"

53' -

3"

288' - 0"273' - 7"

212'

- 2"

263'

- 6"

354'

- 0"

LEASED

65

43

21

17’ CEILINGHEIGHT

17’ CEILINGHEIGHT

87 11

RAM

P

6 1053 9421

EXISTING DOCK-HIGH DOORS: 11ADDITIONAL DOCK-HIGH DOORS: 6DRIVE-IN CONCRETE RAMP: 1

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LM REAL ESTATE PARTNERS // CBRE | RALEIGH

INDUSTRIAL SPACE FOR LEASE SOUTH 40DISTRIBUTION CENTER

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Updated Interiors & Exterior Facade

CLICK TO VIEW INTERIOR & EXTERIOR FLY OVER

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LM REAL ESTATE PARTNERS // CBRE | RALEIGH

INDUSTRIAL SPACE FOR LEASE SOUTH 40DISTRIBUTION CENTER

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Newly Renovated Interiors

RECENT RENOVATIONS INCLUDE:

• Motion Sensor LED Lighting • Updated Paint Throughout

• Leveled & Sealed Epoxy Floor • Newly Painted Exterior Facade

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LM REAL ESTATE PARTNERS // CBRE | RALEIGH

INDUSTRIAL SPACE FOR LEASE SOUTH 40DISTRIBUTION CENTER

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Newly Renovated Interiors

INTERIOR PHOTOS

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LM REAL ESTATE PARTNERS // CBRE | RALEIGH

INDUSTRIAL SPACE FOR LEASE SOUTH 40DISTRIBUTION CENTER

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Outdoor Yard Allocation

OUTSIDE STORAGE

AVAILABLE YARDCOMMON AREA/LEASED

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LM REAL ESTATE PARTNERS // CBRE | RALEIGH

INDUSTRIAL SPACE FOR LEASE SOUTH 40DISTRIBUTION CENTER

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AREA AMENITIES

b LAKE WHEELER ROADN.C. State Farmers MarketThe MaywoodTrophy Brewing & TaproomSubway

a DOWNTOWN RALEIGHRaleigh Convention CenterLincoln TheaterRed Hat AmphitheaterPoole’s DinerMcDonald’sCrank Arm BrewingJose & SonsThe Pit

c S. SAUNDERS ST & S. WILMINGTON STSam’s ClubMi RanchoBP Gas StationSpeedwayBlue Oasis Bar & Lounge

Domino’s Pizza

d LAKE WHEELER ROAD & TRYON ROADFood LionCheckers Pizza & SubsChina WokAaron’sHan-Dee Hugo’s

Citgo Gas Station

e S. WILMINGTON ST & TRYON ROADCook OutTaco BellAutoZone Auto PartsBP Gas StationDunkin’ DonutsBojangles’Golden Corral

f ROCK QUARRY ROADFood LionWalgreen’sLittle Caesars PizzaBurger KingSubwayVALERO Gas StationFamily Dollar

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SOUTH 40DISTRIBUTION CENTER

DOWNTOWN RALEIGH

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LM REAL ESTATE PARTNERS // CBRE | RALEIGH

INDUSTRIAL SPACE FOR LEASE SOUTH 40DISTRIBUTION CENTER

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INTERSTATESUnbeatable location and accessibility

• 3 miles to Downtown Raleigh• 21 miles to Research Triangle Park

Uninterrupted access to main North Carolina thoroughfares for convenient access to every major market the United States:

INTERNATIONAL PORTSWilmington, NC 134 miles

Morehead City, NC 152 miles

Norfolk, VA 189 miles

Charleston, SC 278 miles

440

540

40 Interstate 40

Interstate 440

Interstate 540

1.5 Miles

4 Miles

13 Miles

AIRPORTSRaleigh-Durham International 19 miles

Piedmont Triad International 98 miles

Charlotte Douglas International 173 miles

100 MILES

300 MILES

500 MILES

LOCATION & ACCESS

I-540 OUTER LOOP

SOUTH 40DISTRIBUTION CENTER

Page 13: DISTRIBUTION CENTER · 2126 s. Wilmington St. 15,147 SF SOUTH 40 DISTRIBUTION CENTER 2201 s. Wilmington St. 498,640 SF TOTAL SIZE (SF) 513,787 SF SITE ACREAGE 30.8 acres PIN NUMBER

CONTACT USANN-STEWART PATTERSON, SIOR

First Vice President+1 919 831 8207

[email protected]

J.D. “BUTCH” MILLERSenior Vice President

+1 919 831 [email protected]

© 2019 CB Richard Ellis - Raleigh LLC. The information contained in this document has been obtained from sources believed reliable. While CB Richard Ellis - Raleigh LLC does not doubt its accuracy, CB Richard Ellis - Raleigh LLC has not verified it and makes no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

SOUTH 40DISTRIBUTION CENTER