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Functional Warehouse with Office Space

609 Tucker St Burlington, NC

609 Tucker St, Burlington, NC, 00000
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101,064 SF warehouse with office, priced below replacement value.

Property Size101,064 SF
Lot Size4.39 Acres
Price / SF$69.26
AddedSep 26, 2025
Days on Market294
Last RefreshJul 16 at 6:57 am

Property Features for 609 Tucker St

General Information

Standard status
Active
Size
101,064 SF
Lot size
4.39 Acres
Property subtype
INDUSTRIAL

Listing office NAI Piedmont Triad

Listing date Sep 26, 2025

Source Moodyscre

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 NAI Piedmont Triad


Investment Insights

Based on property information with market context.

This functional older building offers approximately 101,064 square feet of total space, including 89,565 square feet of warehouse area, 3230 square feet of nicely appointed office space, and 8269 square feet of floor storage space. The property features concrete flooring, a wet sprinkler system, and new LED lighting in the warehouse areas. Electrical service is provided via a 400 amp 575-volt Delta Electric Delivery from Duke Energy. Warehouse "A" has a 14’ 10” ceiling height and two standard 8 x 8 dock-high doors. Warehouse "B" has a 13’ ceiling height. Warehouse "C" reaches 18’ 5” at the eave, extending to 21’ at the peak, and includes three 8 x 10 dock-high doors with levelers, plus one 14’ x 16’ drive-in door to Acorn Street. Warehouse "D" has a 12’ ceiling height. The property is zoned for light industrial use and has additional yard space potential. It is located 1.7 miles from Interstate 85/40 Exit 145.

Key Highlights

  • Priced below replacement value
  • Boasting ±101,064 total square feet with significant warehouse space (89,565 SF)
  • Convenient location: just 1.7 miles from Interstate 85/40 Exit 145

Local Financial Insights For Industrial

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $626.6k $6.20
− Vacancy −$58.3k −$0.58
EGI $568.3k $5.62
− OpEx −$170.5k −$1.69
NOI $397.8k $3.94
101,064 SF · lease $6.20/SF/yr · vacancy 9.30% · expense 30.00%

Alternative Uses

Best Use
Warehouse
$11.40M
$9.97M – $13.30M (±1% cap)
NOI $797,877 @ 7.0% cap · market cap 11.40%
Second Best
Industrial
$5.68M
$4.97M – $6.63M (±1% cap)
NOI $397,826 @ 7.0% cap · market cap 5.68%
Theoretical Best
Office A
$33.32M
$29.16M – $38.87M (±1% cap)
NOI $2,332,432 @ 7.0% cap · market cap 33.32%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

DeSales Trading Company Textile Manufacturer DE CAMO JACKETS ... Clothing Store

Suggested Use

Parking Lot & Garage Dental Office (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Acupuncture (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

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

Similar Off Market Nearby

  • Mini Warehouses Of Alamance 1550 Industry Dr, Burlington, NC 27215

FAQs

What type of property is this?
Warehouse - 101,064 SF warehouse with office, priced below replacement value.
Where is this warehouse located?
The property is located at 609 Tucker St Burlington, NC.
What is the asking price?
The asking price for this property is $7,000,000.
What are key features of this property?
This property features: Priced below replacement value; Boasting ±101,064 total square feet with significant warehouse space (89,565 SF); Convenient location: just 1.7 miles from Interstate 85/40 Exit 145
Contact an agent
(336) 207-3245 Call to check price and availability
More about this property
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