For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search

6009 Coffey St Raleigh, NC 27604

Loading data...
Loading data...
Loading data...
For Sale
Contact for pricing

511,233 square foot Class A logistics property for sale.

Property size:
511,233 SF
Lot size:
54.07 Acres

Property Features for 6009 Coffey St

General Information

Size
511,233 SF
Lot size
54.07 Acres

Source: JLL | Charlotte Agent Dave Andrews

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Class A Logistics Property

This 511,233 square foot Class A logistics property, delivered in 2024, is located in the Raleigh-Durham, North Carolina MSA. The property is 100% leased to five tenants with a weighted average lease term of 7.4 years, generating immediate and stable cash flow. Siemens Corporation anchors the property. Contractual rent growth is strong, with 3.7% average annual escalations. The property features institutional-quality design with efficient 260'-deep rear-load configurations, 36' clear heights, ESFR, and LED lighting with motion sensors. It also includes a shared fully concrete truck court with 18 trailer parking spaces. Strategically located at a newly constructed full movement signalized intersection along US 64, the infill location is positioned between Raleigh's inner and outer beltlines, I-540 (1 mile) and I-440 (2.5 miles), offering accessibility across the greater Raleigh-Durham MSA. Knightdale has proven to be one of the highest barrier-to-entry industrial development markets in North Carolina, resulting in sustained rent growth that has outpaced the broader Triangle MSA (7.6% CAGR since 2020).
Location Intelligence

Current Use by Public Records

Distribution centers

Suggested Use

Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Clothing Store Hotel & Motel Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Raleigh
County
Wake
State
North Carolina
Longitude
-78.5290101
Latitude
35.7993352

FAQs

What type of property is this?
Distribution center - 511,233 square foot Class A logistics property for sale.
Where is this distribution center located?
The property is located at 6009 Coffey St Raleigh, NC.
What are key features of this property?
This property features: - 100% leased to five tenants, providing immediate and stable cash flow; - Anchored by Siemens Corporation (S&P: AA-); - 7.4 years of Weighted Average Lease Term (WALT)
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message