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6,000 SF Flex Building

540 Dynamic Dr, Garner, NC 27529

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For Sale

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Flex building with conditioned warehouse and office space for sale.

Type:Industrial

Property size:

6,000 SF

Lot size:

0.43 Acres

Price / SF:

$229/SF

HighLights

6,000 SF flex building with fully conditioned warehouse space.
Approximately 2,000 SF of office space including 4 dedicated offices, kitchenette, and conference room.
Two 10' x 12' drive‑in doors for easy access.
Short‑term sale‑leaseback available with Custom Canvas Works.
Zoned LI (Light Industrial) offering versatile usage options.
Spectrum & fiber available for high‑speed internet access.

We can help!

Contact an agent

Silas Fortuin

For Sale

Contact for pricing

Flex building with conditioned warehouse and office space for sale.

Type:Industrial

Property size:

6,000 SF

Lot size:

0.43 Acres

Price / SF:

$229/SF

Added:: Nov 12, 2024
Days on Market:: 601
Last Refresh:: Jul 5 at 1:07 pm

Property Features for 540 Dynamic Dr

General Information

Standard status: Active
Size: 6,000 SF
Lot size: 0.43 Acres
Property subtype: Industrial

Building Details

Year Built: 1989

We can help!

Contact an agent

Silas Fortuin

Listing office Lee & Associates - Raleigh Durham

Listing date Nov 12, 2024

Source Crexi

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 Lee & Associates - Raleigh Durham

HighLights

6,000 SF flex building with fully conditioned warehouse space.
Approximately 2,000 SF of office space including 4 dedicated offices, kitchenette, and conference room.
Two 10' x 12' drive‑in doors for easy access.
Short‑term sale‑leaseback available with Custom Canvas Works.
Zoned LI (Light Industrial) offering versatile usage options.
Spectrum & fiber available for high‑speed internet access.

Overview

This 6,000 square foot flex building features a fully conditioned warehouse and approximately 2,000 square feet of office space. The office area includes two bathrooms, four dedicated offices, a kitchenette, and a conference room. The property is equipped with two 10' x 12' drive-in doors, and Spectrum & fiber are available. There are seven parking spaces. The property is zoned LI (Light Industrial) and sits on a 0.43-acre lot. A short-term sale-leaseback is available with Custom Canvas Works.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$147.6k	$24.60
− Vacancy	−$24.8k	−$4.13
EGI	$122.8k	$20.47
− OpEx	−$30.7k	−$5.12
NOI	$92.1k	$15.35

6,000 SF · lease $24.60/SF/yr · vacancy 16.80% · expense 25.00%

Alternative Uses

Best Use

Office B

$1.32M

$1.15M – $1.54M (±1% cap)

NOI $92,102 @ 7.0% cap · market cap 6.70%

Second Best

Flex RnD

$916.1K

$801.6K – $1.07M (±1% cap)

NOI $64,128 @ 7.0% cap · market cap 4.66%

Theoretical Best

Specialty Retail

$1.71M

$1.50M – $2.00M (±1% cap)

NOI $119,921 @ 7.0% cap · market cap 8.72%

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

Property Profile Location Intelligence

Current Use by Public Records

Custom Canvas Works ... Building Supply Awnings Etc Building Supply

Suggested Use

Similar Places Nearby

Ragazzi's Italian Restaurant — 1514 US-70, Garner, NC 27529

Location Insight

Map
Local Demand

City: Garner
County: Wake
State: North Carolina
Longitude: -78.6361945
Latitude: 35.7239126

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For sale
Flex space
NC
Garner
27529
540 Dynamic Dr

What type of property is this?

Flex space - Flex building with conditioned warehouse and office space for sale.

Where is this flex space located?

The property is located at 540 Dynamic Dr Garner, NC.

What is the asking price?

The asking price for this property is $1,375,000.

What are key features of this property?

This property features: 6,000 SF flex building with fully conditioned warehouse space.; Approximately 2,000 SF of office space including 4 dedicated offices, kitchenette, and conference room.; Two 10' x 12' drive‑in doors for easy access.