2820 Us-421 Wilmington, NC 28401
This brand-new, 30,000-square-foot industrial building, situated within "The Yard" industrial park on US Highway 421 in Wilmington, NC, offers exceptional flexibility. Scheduled for completion in April 2025, this single-story structure boasts a minimum 24-foot eave height, reaching 28 feet at the center. The building is divisible to 15,000 square feet, accommodating multiple tenants. Features include LED lighting and a fire suppression system; additional build-outs are negotiable. The property sits on a 10.88-acre lot (4 acres improved) and is zoned I-2. "The Yard" provides unparalleled access to major transportation arteries, including I-140, I-40, Highways 74/76/17, and the Wilmington International Airport. Its strategic location offers proximity to downtown Wilmington and the NC Port of Wilmington, further enhanced by deep-water access to the Cape Fear River and an existing CSX rail spur. The park offers opportunities for various-sized industrial spaces, ground leases, and build-to-suit options. The address is 2820 US Highway 421, Wilmington, NC 28401. The property's APN is 3119-53-1339.000, located in New Hanover County's outlying submarket. This is a rare opportunity to secure space in a modern, strategically located industrial facility.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
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