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Multi-Tenant Industrial Facility

1350 Cunningham Road, Kinston, NC 28501

For Sale
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Three occupied suites accommodate manufacturing and transportation businesses under NNN leases.

Property Size115,000 SF
Lot Size20.83 Acres
Days on Market21

Property Features for 1350 Cunningham Road

General Information

Standard status Active
Size 115,000 SF
Lot size 20.83 Acres
Property subtype Industrial
Occupancy 100%
Net Operating Income $572,750

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Tenant in Place Yes
Property Use Industrial

Building Details

Building Size 115,000 SF
Tenancy Multi
Listing Agency: Bryant Capital Advisors
Listed By: Jake Viverette · License NC #350592
Source: Crexi
Added: Oct 20 Changed: Nov 8 Last Checked: Nov 8 at 5:54PM

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 Bryant Capital Advisors

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Investment Insights

Based on property information with market context.

This 115,000-square-foot industrial property occupies 20.83 acres and is divided into three suites ranging from 30,000 to 50,000 square feet. Masterbrand Cabinets and Cheeseman Transport lease the facility, which is fully occupied under NNN agreements. Lease terms include annual rent increases of 3%–5%, with expirations staggered through July 2029 and approximately 2.0 years of weighted average remaining term.

The site is on the US-70 / Future I-42 corridor, with connections west toward I-95, I-40 and Raleigh-Durham and east toward the Port of Morehead City. NC-11 and US-258 provide additional north-south routes to Greenville and Jacksonville. The NC Global TransPark, a 2,500-acre site, is minutes away. Kinston employment sectors cited include aerospace, appliances, food processing and life sciences, with Electrolux, Smithfield Foods, DuPont and UNC Health Lenoir also identified in the area.

Key Highlights

  • 115,000‑square‑foot facility on 20.83 acres
  • Fully leased to Masterbrand Cabinets and Cheeseman Transport
  • Three suites ranging from 30,000 to 50,000 square feet

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Horseware Products Ltd ... Industrial Manufacturer Horseware Outlet Clothing Store Horseware Ireland Industrial Manufacturer Domestic Fabric Corporation (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Electrical Service Real Estate Agency Storage Facility (Bike/Boat/Book/etc) Store Hair Salon Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

50
Businesses Nearby

Demographics for 28501, NC

17,964
Population
9,896
Households
1.8
Avg Household Size
43
Median Age
13%
College-Educated
80%
High-School Grad
99.8 sq mi
ZIP Area
180
Density / Sq Mi
$33,823
Median Household Income
$29,518
Median Earnings
$717
Median Rent
$78,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Industrial property - Three occupied suites accommodate manufacturing and transportation businesses under NNN leases.
Where is this industrial property located?
The property is located at 1350 Cunningham Road Kinston, NC.
What are key features of this property?
This property features: 115,000‑square‑foot facility on 20.83 acres; Fully leased to Masterbrand Cabinets and Cheeseman Transport; Three suites ranging from 30,000 to 50,000 square feet
(804) 754-5462 Call to check price and availability
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