840 Complex Pl, Lenoir, NC
Warehouse space in Lenoir, NC, with new roof.
- Added:
- Mar 26, 2025
- Days on Market:
- 455
- Last Refresh:
- May 20 at 9:54 pm
Property Features for 840 Complex Pl
General Information
- Standard status
- Active
- Size
- 179,760 SF
- Lot size
- 24.66 Acres
- Property subtype
- INDUSTRIAL
Properties For Sale
at 840 Complex Pl Contact usListing agent Douglas M. Faris
Listing office Binswanger - Corporate (215) 448-6000
Listing date Mar 26, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Binswanger - Corporate
HighLights
- New membrane roof installed in 2021‑2022
- ESFR sprinkler coverage throughout the facility
- Ninety 8' x 9' dock high doors with hydraulic levelers, seals, and lights
- 20' clear ceiling height with primarily 46' x 30' column spacing
- Building is divided by firewall into approximately 308,160 SF and 179,760 SF sections
- Multiple drive‑in doors (one 18' x 32' and four 12' x 16')
Overview
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $1.79M | $9.96 |
| − Vacancy | −$148.6k | −$0.83 |
| EGI | $1.64M | $9.13 |
| − OpEx | −$246.3k | −$1.37 |
| NOI | $1.40M | $7.76 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Complex Street Self Storage — 711 Complex St SW, Lenoir, NC 28645
Location Insight
- Map
- Local Demand
- City
- Lenoir
- County
- Caldwell
- State
- North Carolina
- Longitude
- -81.5644
- Latitude
- 35.8882
