Property summary
This exceptional industrial property, totaling 416,379 square feet, presents a significant opportunity. Located in East Point, this multi-tenant facility boasts 90,000 square feet of immediately available warehouse and manufacturing space. Built in 1972 and extensively renovated in 2023, the three-story building features a remarkable 25-foot ceiling height, ideal for various industrial uses. The property sits on a substantial 59.16-acre lot with prominent frontage on Knightdale Boulevard, offering excellent visibility and accessibility. Ample parking is provided with 820 spaces available for employees and trucks. The site benefits from a strategic location, just 2.5 miles from I-87 and 3.2 miles from I-540, ensuring seamless transportation. Power is robust, with a 3000-amp capacity, further enhanced by an on-site 236 kV Duke Energy substation, supporting a total building capacity of 15MW. The building's infrastructure includes a comprehensive bus duct system, providing power on demand. The property is zoned MI and has a signalized entry, adding to its operational efficiency. This former US manufacturing headquarters for Square D | Schneider Electric offers a unique blend of history and modern upgrades, making it an ideal location for a variety of industrial businesses.
Property profile
VerifiedCap rate & NOI
Current use
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Industrial Manufacturer Production Facility
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Electric Vehicle Charging Station
Location
Value estimations
Owner & transaction history
Zoning & alternative use
12. Manufacturing and Industrial (MI) 13. Mining and Quarrying (MQ) Click a Chapter Section to jump to that page. l 2.1. 2.2. 2.3. 2.4. 2.1. Town of Knightdale Chapter 2 - Establishment of Districts Knightdale Next UDO U…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
MI · Knightdale, NC12. Manufacturing and Industrial (MI) 13. Mining and Quarrying (MQ) Click a Chapter Section to jump to that page. l 2.1. 2.2. 2.3. 2.4. 2.1. Town of Knightdale Chapter 2 - Establishment of Districts Knightdale Next UDO U…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
12. Manufacturing and Industrial (MI) 13. Mining and Quarrying (MQ) Click a Chapter Section to jump to that page. l 2.1. 2.2. 2.3. 2.4. 2.1. Town of Knightdale Chapter 2 - Establishment of Districts Knightdale Next UDO U…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for MI in Knightdale, NC.
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