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Industrial Building with Expansion Potential
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880 Old Hargrave Rd, Lexington, NC

138,666 SF industrial building expandable to 180,000 SF.

Space Size138,666 SF
Lot Size25.88 Acres
Days on Market975

Property Features for 880 Old Hargrave Rd

General Information

Standard status Active
Size 138,666 SF
Lot size 25.88 Acres
Property subtype INDUSTRIAL

Spaces For Lease

at 880 Old Hargrave Rd Contact us

880 Old Hargrave Rd

Floor
Bldg
Size
138,666 SF
Type
INDUSTRIAL
Rate
Contact for pricing
Lease Type
NNN
Availability
AVAILABLE, Completion
Sublease
No
- Building Size:138,666 SF (Expandable up to ±180,000) - Office Space: Build-To-Suit...
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Listing Agency: Cushman & Wakefield | Greensboro
Listed By: Jordan Mitchell · License #336199
Source: Moodyscre
Added: Dec 14, 2023 Changed: Aug 8 Last Checked: Aug 8 at 12:16PM

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 Cushman & Wakefield | Greensboro

Investment Insights

Based on property information with market context.

This industrial building offers 138,666 square feet of space, expandable up to approximately 180,000 square feet. The building features build-to-suit office space tailored to tenant specifications and a 32-foot clear height. Constructed with tilt-up construction, the building's dimensions are 260 feet by 533 feet. Column spacing is configured at 50 feet by 53 feet 4 inches, with 60-foot speed bays. The floor consists of a 6-inch, 4000 PSI floor slab. The roof is equipped with a 0.60 mil TPO membrane with a 20-year warranty over R-25 minimum insulation. The property includes twenty-eight 9-foot by 10-foot dock doors with pit levelers and two 12-foot by 14-foot drive-in doors. There are 52 trailer parking spaces and 160 auto parking spaces. Electrical capacity is 2,000 amps, and the building is lit with LED lighting. Fire protection is provided by an ESFR system. Utilities include water and sewer services provided by the City of Lexington, power from United Electric, and gas from Lexington Gas. The building is situated on a 25.99-acre site.

Key Highlights

  • Expandable building size up to ±180,000 SF on a 25.99‑acre site
  • 32' Clear Height
  • Tilt‑Up Construction

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Restaurant Hair Salon Grocery & Convenience Store (Bike/Boat/Book/etc) Store Parking Lot & Garage Computer & Electronic Repair

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

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

99
Businesses Nearby
Well-served
Demand for This Use

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
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Similar Off Market Nearby

  • Green Needles Mini Storage 373 Marco Blvd, Lexington, NC 27295
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  • Posse 373 Marco Blvd, Lexington, NC 27295

Frequently Asked Questions

What type of property is this?
Warehouse - 138,666 SF industrial building expandable to 180,000 SF.
Where is this warehouse located?
The property is located at 880 Old Hargrave Rd Lexington, NC.
What are key features of this property?
This property features: Expandable building size up to ±180,000 SF on a 25.99‑acre site; 32' Clear Height; Tilt‑Up Construction
(336) 420-4225 Call to check price and availability
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