2003 Willow Spring LnBurlington, NC 27215

For Sale
$2,500,000

Burlington, NC Industrial Property - $2.5M

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 21,200-square-foot manufacturing facility in Burlington, North Carolina, presents a compelling investment opportunity. Located at 2003 Willow Springs Ln, Alamance County (APN 172759), this property sits on a 3.02-acre lot and is currently 100% occupied under a single-tenant, absolute NNN lease. The asking price is $2,500,000, translating to $117.92 per square foot. The property comprises both office and warehouse space, currently leased to Apollo Chemical (lease details available upon request). The land is held under a 99-year ground lease with Mt. Vernon Chemicals. This arrangement is understood to be suitable for financing and 107 exchanges. While not ideal for owner-occupancy, this property offers significant income potential due to the strong, long-term tenant. The property's industrial subtype and location in Burlington, NC, make it an attractive addition to any investment portfolio. The property is classified as an industrial property with a manufacturing subtype. Further details regarding the lease agreement are available upon request. This is an absolute NNN lease.

Highlights

  • 21,200-square-foot manufacturing facility in Burlington, NC.
  • Located at 2003 Willow Springs Ln, Alamance County (APN 172759) on a 3.02-acre lot.
  • 100% occupied under a single-tenant, absolute NNN lease with Apollo Chemical.
  • Asking price: $2,500,000 ($117.92/SF).
  • Features both office and warehouse space.
  • 99-year ground lease with Mt. Vernon Chemicals, suitable for financing and 107 exchanges.

Property Details for 2003 Willow Spring Ln

Property type
Other industrial properties, Manufacturing properties
Square Feet
21,200 SF
Lot Size (sq. ft)
131,551 SF

Location Insight

City
Burlington
County
Alamance
State
North Carolina
Latitude
36.0525246
Longitude
-79.4858998
2003 Willow Spring Ln, Burlington, North Carolina

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2003 Willow Spring Ln
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