Build-to-Suit Flex Industrial
3456 Black and Decker Rd, Hope Mills, NC 28348
For Sale
Contact for pricing
New flex building planned for completion in 2026, designed for customized office and warehouse requirements.
Property Size20,000 SF
Days on Market139
Property Features for 3456 Black and Decker Rd
General Information
Standard status
Size
Property subtype
Lease Term
Building Details
Building Size
Year Built
Properties For Sale
at 3456 Black and Decker Rd
3456
Size
20,000 SF
Type
Flex Space
Term
120 months
Listing Agency:
Grant-Murray Real Estate, LLC
Listed By:
Patrick Murray, CCIM, SIOR · License NC #231098
(910) 861-0449
Source:
Grantmurrayre
Added: Jun 25
Changed: Oct 26
Last Checked: Nov 8 at 3:24AM
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 Grant-Murray Real Estate, LLC
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Investment Insights
Based on property information with market context.
This 20,000-square-foot flex building is planned as a customizable build-to-suit for a single tenant, combining office space and light industrial/warehouse use in one facility. Completion is projected for Q2 to Q3 of 2026. The building is being designed to accommodate a versatile layout intended to support both workplace functions and day-to-day logistics needs.
The property is located at 3456 Black and Decker Rd in Hope Mills, NC, within the Airport Overlay district and zoned M(P). It is positioned near Fayetteville Regional Airport and within a short distance of Business 95/Hwy 301, Hwy 87, and I-95, supporting connectivity for regional and interstate operations.
For tenants or owner-users looking for an integrated workspace and warehouse solution, this project offers the ability to tailor the facility around office and light industrial requirements. Its airport-area siting and access to major routes may be particularly useful for companies coordinating shipments and on-site staff in the same operating footprint.
The property is located at 3456 Black and Decker Rd in Hope Mills, NC, within the Airport Overlay district and zoned M(P). It is positioned near Fayetteville Regional Airport and within a short distance of Business 95/Hwy 301, Hwy 87, and I-95, supporting connectivity for regional and interstate operations.
For tenants or owner-users looking for an integrated workspace and warehouse solution, this project offers the ability to tailor the facility around office and light industrial requirements. Its airport-area siting and access to major routes may be particularly useful for companies coordinating shipments and on-site staff in the same operating footprint.
Key Highlights
- 20,000 SF flex building planned as a build‑to‑suit for a single tenant
- Completion projected for Q2–Q3 of 2026 with customizable office and warehouse layout
- M(P) zoning within the Airport Overlay district
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$150,205
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,004,100
$3.0M
Cap Rate 7%
$2,145,786
$2.1M
Cap Rate 9%
$1,668,944
$1.7M
Market Conditions
NOI Build-Up for 20,000 SF
Gross rent
$252.0K $12.60/SF
− Vacancy
−$20.9K −$1.05/SF
EGI
$231.1K $11.55/SF
− OpEx
−$80.9K −$4.04/SF
NOI
$150.2K $7.51/SF
Area
Cumberland County, NC
Vacancy
8.30%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,004,100
Cap Rate 7%
$2,145,786
Cap Rate 9%
$1,668,944
Alternative Uses
Best Use
Industrial
$2.91M
$2.54M – $3.39M
NOI $203,549 @ 7.0% cap
Second Best
Warehouse
$2.22M
$1.94M – $2.59M
NOI $155,266 @ 7.0% cap
Theoretical Best
Office A
$4.78M
$4.18M – $5.58M
NOI $334,541 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
239
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 28348, NC
37,476
Population
14,413
Households
2.6
Avg Household Size
36
Median Age
22%
College-Educated
93%
High-School Grad
42.2 sq mi
ZIP Area
888
Density / Sq Mi
$65,213
Median Household Income
$39,270
Median Earnings
$1,111
Median Rent
$203,700
Median Home Value
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Market
Average Price Trend$/SF for Flex space in Cumberland County, NC
Properties on Market for Flex space in Cumberland County
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Friends Upscale Catering — 3739 Legion Rd, Hope Mills, NC 28348
- Donna'sPallet — 3037 White Ash Dr, Fayetteville, NC 28306, United States
Frequently Asked Questions
What type of property is this?
Flex space - New flex building planned for completion in 2026, designed for customized office and warehouse requirements.
Where is this flex space located?
The property is located at 3456 Black and Decker Rd Hope Mills, NC.
What are key features of this property?
This property features: 20,000 SF flex building planned as a build‑to‑suit for a single tenant; Completion projected for Q2–Q3 of 2026 with customizable office and warehouse layout; M(P) zoning within the Airport Overlay district
