Property summary
This exceptional 288,174-square-foot refrigerated/cold storage facility in Wilmington, NC, presents a unique investment opportunity. Situated on approximately 28.16 acres in Pender County, this single-tenant property boasts 45 loading docks with automated door locks, 50-foot ceilings, and ample office space (approximately 10,000 square feet). The facility is fully racked with turrets and features LED lighting on motion sensors. Security measures include a fenced, lit, and secured perimeter. Additional features include a 230-foot truck court with 45 trailer stalls, 54 reefer plugs (11 at the dock), and three multi-temperature chambers ranging from -10°F to 57°F. The building is equipped for USDA and FDA compliance, and includes a guard shack, locker room, maintenance room, and server room. Further office cubicles and lockers are available. The property's strategic location on the East Coast, within 700 miles of over 70% of the US industrial base, and its proximity to major I-95 corridors, makes it an ideal distribution hub. The facility includes approximately 400 pallet positions of blast-freezing capacity. This fully vacant property offers immediate occupancy.
Property profile
VerifiedCap rate & NOI
Current use
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Warehouse & Storage
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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