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Leased Warehouse Investment Opportunity
For Sale
$1,999,000
Pending

375 Rockwood Road, Arden, NC 28704

Fully leased warehouse building with long-term tenant and annual escalations.

Property SizeContact for details
Days on Market367

Property Features for 375 Rockwood Road

General Information

Standard status Pending
Property subtype Commercial

Building Details

Year Built 1986
Listing Agency: PULLIAM PROPERTIES, INC
Listed By: PAUL ELLIS · License #246015
Source: Corcoran
Added: Aug 20, 2025 Changed: Aug 12 Last Checked: Aug 11 at 8:25AM

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 PULLIAM PROPERTIES, INC

Investment Insights

Based on property information with market context.

This is an investment opportunity to acquire a fully leased warehouse building. The lease extends through June 1, 2033, and includes annual rent escalations of 3%. The property features a 10,000-square-foot building situated on 2.23 acres of land. It is currently operating as a NNN income-producing property with a tenant in place. The location provides convenient access to I-26 and Airport Road, as well as numerous retail and restaurant options.

Key Highlights

  • Fully leased warehouse building with lease extending to 6/1/2033.
  • 6.2% CAP Rate.
  • Annual 3% rent escalations.

Property Analytics

Current Use

American Top Team ... Gym & Fitness Center

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Grocery & Convenience Store Electrical Service Garden Center

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

Location Intelligence

Trade Area within ½ mile

290
Businesses Nearby
Well-served
Demand for This Use

Demographics for 28704, NC

23,734
Population
11,514
Households
2.1
Avg Household Size
39
Median Age
41%
College-Educated
92%
High-School Grad
30.1 sq mi
ZIP Area
789
Density / Sq Mi
$79,088
Median Household Income
$39,072
Median Earnings
$1,369
Median Rent
$343,600
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
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Jumbo Storage 36 Glenn Willow Dr, Arden, NC 28704
  • FleetPro Leasing Inc 295 Rutledge Rd, Fletcher, NC 28732

Frequently Asked Questions

What type of property is this?
Warehouse - Fully leased warehouse building with long-term tenant and annual escalations.
Where is this warehouse located?
The property is located at 375 Rockwood Road Arden, NC.
What is the asking price?
The asking price for this property is $1,999,000.
What are key features of this property?
This property features: Fully leased warehouse building with lease extending to 6/1/2033.; 6.2% CAP Rate.; Annual 3% rent escalations.
More about this property
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