2975 Andrew Jackson NE Hwy 1, Leland, NC 28451-9830
This exceptional sublease opportunity presents 100,000 square feet of warehouse and distribution space within the Edgewater Commerce Center in Brunswick County. The space boasts a single-story design with 24-foot ceilings, providing ample room for efficient storage and operations. Six loading docks and one drive-in door ensure smooth and efficient loading and unloading processes. The suite also includes approximately 1,200 square feet of office space with restrooms, conveniently located at the entrance. This sublease offers a below-market rent and the landlord is open to long-term lease options following the sublease expiration. The property benefits from a prime location with easy access to major transportation arteries, including US-74/76, I-40, US-17, and the Port of Wilmington, facilitating seamless supply chain management. Furthermore, a brand-new roof is scheduled for installation in 2024, ensuring long-term building integrity and protection. The entire Edgewater Commerce Center encompasses 505,818 square feet, and this sublease is part of a multi-tenant building. This is an ideal space for businesses requiring efficient storage, logistics, and distribution capabilities, offering a cost-effective solution in a strategic location. The previous tenant, Kessebohmer Retail Merchandising USA, Inc., has relocated, making this space immediately available.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CI · Leland, NCLeland. Always verify with local authorities before improvements.
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.