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Fairgrove Business Park Warehouses
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3340 20th Avenue SE, Newton, NC 28658

Two industrial buildings in Newton, NC, totaling over 48,000 SF.

Space Size22,648 SF - 25,137 SF
Days on Market102

Property Features for 3340 20th Avenue SE

General Information

Standard status Active
Size 22,648 SF - 25,137 SF
Property subtype Industrial

Building Details

Year Built 1979
Tenancy Multiple

Spaces For Lease

at 3340 20th Avenue SE Contact us

3340 - Full Building

Size
22,648 SF
Type
Industrial
Lease Type
NNN
Availability
Active
Contact us

3350 - Full Building

Size
25,137 SF
Type
Industrial
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Commercial First
Listed By: Jenny Eckard · License #NC 271955
Source: Crexi
Added: May 21 Changed: Aug 15 Last Checked: Aug 28 at 11:46PM

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 Commercial First

Investment Insights

Based on property information with market context.

Two industrial warehouse buildings are available for lease in the Fairgrove Business Park in Newton, North Carolina. The property is located with access to Interstate 40, making it suitable for distribution, light manufacturing, or logistics. One building offers approximately 25,000 square feet, and the second provides over 23,000 square feet, for a combined area of over 48,000 square feet. Both buildings, constructed in 1979, feature 15-foot clear ceiling heights, sprinkler systems, and three-phase power. One building is equipped with four dock-high loading doors and one drive-in door, while the second building features four dock-high loading doors. One structure has a new TPO roof. The property is located in an established industrial corridor.

Key Highlights

  • Combined 48,000+ SF of industrial warehouse space across two buildings.
  • Excellent location in the desirable Fairgrove Business Park with quick access to Interstate 40.
  • Functional features include 15‑foot clear ceiling heights, sprinkler systems, and three‑phase power in both buildings.

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick HVAC Service Electrical Service Auto Parts Store Garden Center Bakery Carpet & Flooring 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

248
Businesses Nearby
Well-served
Demand for This Use

Demographics for 28658, NC

26,453
Population
10,958
Households
2.4
Avg Household Size
42
Median Age
19%
College-Educated
88%
High-School Grad
71.3 sq mi
ZIP Area
371
Density / Sq Mi
$67,805
Median Household Income
$41,013
Median Earnings
$933
Median Rent
$192,500
Median Home Value

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
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Frequently Asked Questions

What type of property is this?
Warehouse - Two industrial buildings in Newton, NC, totaling over 48,000 SF.
Where is this warehouse located?
The property is located at 3340 20th Avenue SE Newton, NC.
What are key features of this property?
This property features: Combined 48,000+ SF of industrial warehouse space across two buildings.; Excellent location in the desirable Fairgrove Business Park with quick access to Interstate 40.; Functional features include 15‑foot clear ceiling heights, sprinkler systems, and three‑phase power in both buildings.
(828) 322-8022 Call to check price and availability
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