Fully Leased Warehouse
For Sale
Contact for pricing
608 Virginia Street, Goldsboro, NC 27530
Warehouse is fully leased by three tenants, with lease terms extending through 2031.
Property Size4,600 SF
Price / SF$73.91
Days on Market168
Property Features for 608 Virginia Street
General Information
Standard status
Active
Size
4,600 SF
Property subtype
INDUSTRIAL
Listing Agency:
Noble Commercial Real Estate Group
(910) 617-8296
Listed By:
Nicholas Silivanch · License #263168
(910) 617-8296
Source:
Moodyscre
Added: Feb 13
Changed: Jul 30
Last Checked: Jul 30 at 6:04AM
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 Noble Commercial Real Estate Group
Investment Insights
Based on property information with market context.
This fully leased warehouse investment totals 4,600 SF and is occupied by three tenants. The leases are structured with term through 2031, and the property has been held long term by the current owner. Recent lease activity included extensions through three years, with two additional three-year renewals described for the tenancy.
The offering is presented as a 10.41 cap rate investment sale. Roof improvements include a replacement on the long side of the building in 2021, and a new roof on the short side added as of 9/2025. The property includes some excess land currently used by the tenants for exterior storage.
For the new ownership period, the landlord and tenants agreed to 3% rental bumps, and tenant responsibility for TICAM payments is described as beginning March 1st for future landlords. Taxes, insurance, and common area costs are reimbursed monthly, reflecting minimal expense items for the property relative to the described reimbursement approach.
The offering is presented as a 10.41 cap rate investment sale. Roof improvements include a replacement on the long side of the building in 2021, and a new roof on the short side added as of 9/2025. The property includes some excess land currently used by the tenants for exterior storage.
For the new ownership period, the landlord and tenants agreed to 3% rental bumps, and tenant responsibility for TICAM payments is described as beginning March 1st for future landlords. Taxes, insurance, and common area costs are reimbursed monthly, reflecting minimal expense items for the property relative to the described reimbursement approach.
Key Highlights
- 4,600 SF fully leased warehouse occupied by three tenants
- 10.41 cap rate investment sale
- Lease terms extend through 2031 with recent three‑year extensions
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
821
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 27530, NC
37,470
Population
17,796
Households
2.1
Avg Household Size
41
Median Age
22%
College-Educated
89%
High-School Grad
106.5 sq mi
ZIP Area
352
Density / Sq Mi
$55,507
Median Household Income
$37,696
Median Earnings
$827
Median Rent
$176,500
Median Home Value
Market
Vacancy Rate% for Industrial in South region
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Similar Off Market Nearby
- Big Will's Towing & Recovery, LLC — 514 N George St, Goldsboro, NC 27530
- Tri Star Storage — 832 W Grantham St, Goldsboro, NC 27530
Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse is fully leased by three tenants, with lease terms extending through 2031.
Where is this warehouse located?
The property is located at 608 Virginia Street Goldsboro, NC.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: 4,600 SF fully leased warehouse occupied by three tenants; 10.41 cap rate investment sale; Lease terms extend through 2031 with recent three‑year extensions
