42 & Old Drugstore Rd Garner, NC 27529
This exceptional 24,800-square-foot warehouse is available for lease in Bay County. Situated on a five-acre fenced parcel, this single-tenant property offers significant advantages for businesses seeking efficient and spacious industrial space. The building boasts a 22-foot clear ceiling height, providing ample room for storage and operations. Loading and unloading are facilitated by three dock-high doors and one drive-in door. A 1,200-square-foot office area is included, providing dedicated space for administrative functions. The property's zoning is Light Industrial, ensuring compatibility with a wide range of industrial uses. Its strategic location offers easy access to major transportation arteries, including I-75, M-13, M-84, and M-15, ensuring seamless logistics and distribution. Note that a cell phone tower located on the property is not included in the lease. The lease rate is $3.50 per square foot, NNN. The property is also available for sale at $750,000 ($30.24 per square foot). This presents a compelling opportunity for businesses seeking a well-appointed, strategically located warehouse in a thriving industrial area. Contact us today to schedule a viewing and explore the possibilities.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.