Industrial Properties
1801 Frank Holt Drive Burlington, NC 27215
Details & Description
Price: $1,450,000
    The Airpark Corporation Center at 1801 Frank Holt Drive, Burlington, NC 27215 is a 27,360 square foot industrial type 4 clear span steel warehouse located on 5.16 acres and built in 1992.The property boasts an excellent location with easy access to I40 , I85 and Piedmont Triad International Airport as well as the Burlington Alamance Regional Airport. The property has 6 loading bays.Located in a thriving and low vacancy industrial park. Other tenants of the park include manufacturing, warehousing and trucking companies.Landlord responsible for roof and structure. Tenant is responsible for all other. Lease is NNN. Current rents are below market. Tenant has occupied the 27,630 sf space since May of 2016. Approximately 12% of the building is office space.The tenant is New World Van Lines which operates as a transportation and warehousing company with services including corporate relocation, logistics management, and storage. They were founded in 1919, operate in the lower 48 states with 18 locations and remain family owned and operated.Marcus & Millichap is pleased to present a single tenant NNN industrial property located 40 minutes west of Research Triangle Park (RTP) Raleigh Durham MSA and 30 minutes west of Greensboro along the I-40 /I-85 industrial, manufacturing, high tech corridor. The Piedmont Triad and Research Triangle regions are developing quickly and much of this development is dependent on the trucking, warehousing and transportation businesses. The building has been well maintained. In 2019 and 2020 repairs were made to the gutters, overhead doors, roof, and stairway. In 2018 repairs were made to the parking lot. The A/C and sprinklers were repaired in 2016.
    Listing Agents
    Donald Gilchrist

    O: 919-674-1104
    donald.gilchrist@marcusmillichap.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    1801 Frank Holt Drive

    Burlington, NC 27215

    Airpark Corporation Center

    Listing ID: 275900
    • 1801 Frank Holt Drive Burlington, NC 27215 | for Sale | Photo 1
    • 1801 Frank Holt Drive Burlington, NC 27215 | for Sale | Photo 2
    • 1801 Frank Holt Drive Burlington, NC 27215 | for Sale | Photo 3
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    1801 Frank Holt Drive | for Sale | Thumbnail 2
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    Building Size: 27,360 SF
    Lot Size: 5.160 AC
    Land Size: 224,769 SF
    Building $/SF: $53.00
    Land $/SF: $6.45
    Price
    $1,450,000
    Description

    The Airpark Corporation Center at 1801 Frank Holt Drive, Burlington, NC 27215 is a 27,360 square foot industrial type 4 clear span steel warehouse located on 5.16 acres and built in 1992.

    The property boasts an excellent location with easy access to I40 , I85 and Piedmont Triad International Airport as well as the Burlington Alamance Regional Airport. The property has 6 loading bays.

    Located in a thriving and low vacancy industrial park. Other tenants of the park include manufacturing, warehousing and trucking companies.

    Landlord responsible for roof and structure. Tenant is responsible for all other. Lease is NNN. Current rents are below market. Tenant has occupied the 27,630 sf space since May of 2016. Approximately 12% of the building is office space.

    The tenant is New World Van Lines which operates as a transportation and warehousing company with services including corporate relocation, logistics management, and storage. They were founded in 1919, operate in the lower 48 states with 18 locations and remain family owned and operated.

    Marcus & Millichap is pleased to present a single tenant NNN industrial property located 40 minutes west of Research Triangle Park (RTP) Raleigh Durham MSA and 30 minutes west of Greensboro along the I-40 /I-85 industrial, manufacturing, high tech corridor. The Piedmont Triad and Research Triangle regions are developing quickly and much of this development is dependent on the trucking, warehousing and transportation businesses. The building has been well maintained. In 2019 and 2020 repairs were made to the gutters, overhead doors, roof, and stairway. In 2018 repairs were made to the parking lot. The A/C and sprinklers were repaired in 2016.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Greensboro History of Industrial Properties for Sale

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    Burlington Area Market Trends

    Listing Demographics for 1801 Frank Holt Drive Burlington, NC 27215

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

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    Common Questions and Answers

    What is the asking price for 1801 Frank Holt Drive in Burlington?
    The asking price for 1801 Frank Holt Drive is $1,450,000
    What is the building size of this Industrial property in Burlington, NC?
    The size of the building/unit at 1801 Frank Holt Drive in Burlington is 27,360 square feet
    How much land does the Burlington, NC property at 1801 Frank Holt Drive include?
    1801 Frank Holt Drive in Burlington includes 5.160 acres of land
    What kind of Industrial is the property at 1801 Frank Holt Drive?
    The property at 1801 Frank Holt Drive Burlington, NC 27215 is listed as a Distribution Industrial property
    What is the population within 1 mile of 1801 Frank Holt Drive in Burlington?
    The population within 1 mile of 1801 Frank Holt Drive Burlington, NC 27215 is 978 people.
    Who do I contact for questions about 1801 Frank Holt Drive?
    You should contact the listing agent, Donald Gilchrist, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi) Directions
    Piedmont Triad International Airport (GSO) 27
    Raleigh Durham International Airport (RDU) 39
    Roanoke–Blacksburg Regional Airport (ROA) 93