Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Warehouse/Distribution Class A Space Title is generated by Realmo AI

    1335 Cedar Hill Rd, Leland, NC 28451

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    First generation Class A warehouse/distribution space available for lease.

    Type:Industrial
    Property size:
    158,760 SF
    Lot size:
    16.50 Acres
    Added:
    Aug 9, 2023
    Days on Market:
    1027
    Last Refresh:
    May 12 at 8:45 pm

    Property Features for 1335 Cedar Hill Rd

    General Information

    Standard status
    Active
    Size
    158,760 SF
    Lot size
    16.50 Acres
    Property subtype
    Industrial

    Spaces For Lease

    at 1335 Cedar Hill Rd Contact us

    Available Space 2 $9/Mo

    Size
    Type
    Industrial
    $9.50 PSF | NNN to include a $5.00/SF Tenant Improvement Allowance.
    Contact us

    Available space 1 $9/Mo

    Size
    Type
    Industrial
    +/- 22,680 - 89,277 SF Warehouse/Distribution Space For Lease
    Contact us

    We can help!

    Listing Contact
    Will Leonard

    Listing agent Will Leonard License #NC 214347

    Listing office Cape Fear Commercial

    Listing date Aug 9, 2023

    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 Cape Fear Commercial

    HighLights

    • First generation, Class A warehouse/distribution space.
    • Flexible space options: ± 22,680—158,760 SF available.
    • 30’ clear ceiling heights and full ESFR fire suppression system.
    • Ample dock doors (57 or 38) and two drive‑in doors with ramps.
    • Sufficient parking: 178 or 135 car spaces, plus trailer parking.
    • Multiple bay options (9 or 14) for customized layouts.

    Overview

    Available for lease is first-generation, Class A warehouse/distribution space, offering areas from approximately 22,680 to 113,400 square feet. The property will consist of nine bays, each measuring 108 feet by 210 feet. The initial phase of the project is situated on approximately 16.5 acres. The building features 57 dock doors, each 9 feet by 10 feet, along with two drive-in doors, each 12 feet by 14 feet, equipped with ramps. It includes 30-foot clear ceiling heights and a full ESFR fire suppression system. Parking provisions include 178 car spaces and 66 trailer spaces. An additional space available for lease offers areas from approximately 22,680 to 158,760 square feet. This section will consist of fourteen bays, each measuring 54 feet by 210 feet, situated on approximately 13.77 acres. It will be equipped with 38 dock doors, each 9 feet by 10 feet, and two drive-in doors, each 12 feet by 14 feet, with ramps. The building features 30-foot clear ceiling heights and a full ESFR fire suppression system. It includes 135 car parking spaces, with additional trailer parking spaces located behind the truck court.
    Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Building Supply Big Box & Wholesale Store Hair Salon Gym & Fitness Center Food Market Grocery & Convenience Store Storage Facility Home Appliance Store Carpet & Flooring Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Leland
    County
    Brunswick
    State
    North Carolina
    Longitude
    -78.0069038
    Latitude
    34.262824

    Nearby Similar for Lease

    • $3,000/Mo
      1,555 SF

      Leland Medical Office Opportunity

      Move-in ready medical suite in a growing community.
      509 Olde Waterford Way, Leland, NC 28451
      View Details
    • $1,395/Mo
      850 SF

      Leland, NC Commercial Office Space

      Free-standing office building with off-street parking for lease.
      3660 Old Maco Road NE, Leland, NC 28451
      View Details
    • $25 SF/Yr
      1,971 SF

      Leland NC Professional Office Suites

      Professional office suites for lease in Magnolia Village, Leland, NC.
      1022 Grandiflora Drive, Leland, NC
      View Details
    • $27 SF/Yr
      7,000 SF

      New Construction Professional/Medical Office Space

      Modern office space ideal for medical, dental, or professional services.
      1160 E Cutlar Crossing, Leland, NC
      View Details
    • $17 SF/Yr
      21,000 SF

      Flex Space in Leland, NC

      21,000 SF flex building delivering in 2026.
      2000 Mercantile Dr, Leland, NC
      View Details
    • $6,000/Mo
      5,000 SF

      Leland Warehouse with Fenced Yard

      5,000 SF warehouse with fenced laydown yard for rent.
      9600 Ploof Rd, Leland, NC
      View Details
    • $28 SF/Yr
      2,166 SF

      Leland, NC Office Space

      Well-appointed office space available for lease in Leland, North Carolina.
      1003 Olde Waterford Way, Leland, NC
      View Details
    • $36 SF/Yr
      1,475 SF

      Retail Space in Leland, NC

      Retail spaces available in Leland, NC, delivery in late 2026.
      Olde Waterford Way, Leland, NC
      View Details
    • $35 SF/Yr
      3,600 SF

      RETAIL

      1104 Eastowne Court, Leland, NC
      View Details
    • $23 SF/Yr
      2,890 SF

      Retail/Office Space in Leland

      Available retail/office space in mixed-use development near Wilmington.
      2155 Britton Rd, Leland, NC
      View Details
    • $22 SF/Yr
      5,644 SF

      Leland Office Condominium For Sale

      Office condominium in Leland, NC, near Wilmington/Wrightsville Beach.
      1176 East Cutlar Crossing, Leland, NC
      View Details
    • $20 SF/Yr

      Mixed-Use Property in Leland, NC

      Mixed-use property with retail and office spaces near Wilmington.
      2155 Britton Rd, Leland, NC 28451
      View Details

    FAQs

    What type of property is this?
    Distribution center - First generation Class A warehouse/distribution space available for lease.
    Where is this distribution center located?
    The property is located at 1335 Cedar Hill Rd Leland, NC.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: First generation, Class A warehouse/distribution space.; Flexible space options: **± 22,680—158,760 SF available.**; **30’ clear ceiling heights and full ESFR fire suppression system.**
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Will Leonard
    Real Estate License ID: NC 214347
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1335 Cedar Hill Rd, Leland, NC 28451
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!