900 Freedom Dr Listing Details & Market Data

Raleigh-Durham’s industrial real estate market is strengthened by its proximity to Research Triangle Park (RTP), a renowned research institution, and transportation infrastructure, including interstates 40 and 85 and Raleigh-Durham International Airport. The region is also bolstered by renowned universities like North Carolina State, Duke, and UNC-Chapel Hill, all of which contribute to the RTP workforce.Two seperate buildings, one is 33,000 SF leased by Sewell Motor Works for $9.95NNN and the other 46,000 SF building is leased under market rate at $5.00MG with the lease expiration date in October of 2024. The next buyer has the opportunity to push rents on the 46,000 SF in line with Sewell. Once the tenant vacates, there will be an opportunity to increase NOI by over $300,000 due increase and rent and expense pass throughs. Both buildings have over 1 acre of laydown yard.46,000 SF available in October of 2024 with over 1 acre of laydown yard. This site is strategically located near the intersections of I-87 & I-440 and I-87 & I-540, providing seamless transportation to the Raleigh-Durham, Charlotte, and Virginia Beach greater areas.