± 169,352 SF OF INDUSTRIAL SPACE FOR LEASE SOUTH 40 DISTRIBUTION CENTER 2201 S. WILMINGTON STREET | RALEIGH, NC 27603 NEWLY RENOVATED
± 169,352 SF OF INDUSTRIAL SPACE FOR LEASE
SOUTH 40DISTRIBUTION CENTER2201 S. WILMINGTON STREET | RALEIGH, NC 27603
NEWLYRENOVATED
LM REAL ESTATE PARTNERS // CBRE | RALEIGH
INDUSTRIAL SPACE FOR LEASE SOUTH 40DISTRIBUTION CENTER
2
DOWNTOWN RALEIGHDORTHEA DIX PARK
CARGILL DEVELOPMENT SITE
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S. Wilmington street
PROPOSED 9-ACRE MIXED USE DEVELOPMENTCARALEIGH & FULLER HEIGHTS
RESIDENTIAL NEIGHBORHOOD
PROPOSED MLS STADIUM & MIXED-USE DEVELOPMENT
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AERIAL
SOUTH 40DISTRIBUTION CENTER
LM REAL ESTATE PARTNERS // CBRE | RALEIGH
INDUSTRIAL SPACE FOR LEASE SOUTH 40DISTRIBUTION CENTER
3
South 40 Distribution Center consists of two warehouse buildings; 498,640 SF and 15,147 SF, respectively within Raleigh city limits just south of I-440. South 40 Distribution Center was built in phases starting in 1956 through the mid 1970s. The site totals 30.8 acres and includes newly paved truck court, parking lot and lay-down yard.
PROPERTY DETAILS
40
2126 s. Wilmington St.15,147 SF
SOUTH 40 DISTRIBUTION CENTER2201 s. Wilmington St.
498,640 SF
TOTAL SIZE (SF) 513,787 SF
SITE ACREAGE 30.8 acres
PIN NUMBER 1702689947 (27.81 acres)1702790401 (2.99 acres)
ZONING Industrial Mixed- Use (IX-3)
YEAR CONSTRUCTED 1956 // 1998 // 2004
EXTERIOR CONSTRUCTION Masonry & SteelInsulated panels for cold storage
ROOF TPO Roofing Membrane, 60 MIL Reinforced: Versico 15 year warranty
OUTSIDE STORAGE ± 11 acres available for outside storage and/or parking
POWER2 - 500 KVA 120/208 volt transformers on the north side of the west wing; 1 - 1,000 KVA transformer on the east side of the 2 story side of the building
HVAC Split systems
FIRE PROTECTION Wet pipe sprinkler system
LIGHTING Motion sensor LED lighting
PARKING 201 shared, paved vehicle spacesAdditional spaces can be added
TRUCK COURT Front Court: 230’ x 160’Rear Court: 270’ x 240’
ADDITIONAL FEATURES Rail available
LM REAL ESTATE PARTNERS // CBRE | RALEIGH
INDUSTRIAL SPACE FOR LEASE SOUTH 40DISTRIBUTION CENTER
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FLOOR PLAN
AVAILABLE (SF)Up to 169,352 SF; Will subdivide to:
• 101,952 SF• 67,400 SF
WAREHOUSE (SF) Up to 169,352 SF
OFFICE (SF) Build to Suit
DOCK-HIGH DOORS Thirteen (13)*
DRIVE-IN DOORS One (1)*
LOADING OPTIONS*Option A: Five (5) additional dock-high doors; no ramp
Option B: Six (6) additional dock-high doors &One (1) drive-in door with concrete ramp
COLUMN SPACING 35’ x 40’ ; Varies by location
CEILING HEIGHT 17’
LIGHTING Motion sensor LED lighting
LEASE RATE $5.75/SF, NNN
TICAM (est.) $0.93/SF
TIMING Immediate
169,352 SFTOTAL AVAILABLE
LEASED
LEASED
101,952 SF67,400 SF
LEASED
LEASED
LEASED(SECOND FLOOR)
LM REAL ESTATE PARTNERS // CBRE | RALEIGH
INDUSTRIAL SPACE FOR LEASE SOUTH 40DISTRIBUTION CENTER
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Loading Plan: Option A
288' - 0" 354'
- 0"
50' -
11"
84' - 6"
273' - 7"
263'
- 6"
53' -
3"
189' - 5"21
2' -
2"
LEASED
17’ CEILINGHEIGHT
17’ CEILINGHEIGHT
138 127 116 1053 9421
OPTION A
5421 3
EXISTING DOCK-HIGH DOORS: 13ADDITIONAL DOCK-HIGH DOORS: 5
LM REAL ESTATE PARTNERS // CBRE | RALEIGH
INDUSTRIAL SPACE FOR LEASE SOUTH 40DISTRIBUTION CENTER
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Loading Plan: Option B
OPTION B
163' - 1" 110' - 10 1/2"
50' -
11"
53' -
3"
288' - 0"273' - 7"
212'
- 2"
263'
- 6"
354'
- 0"
LEASED
65
43
21
17’ CEILINGHEIGHT
17’ CEILINGHEIGHT
87 11
RAM
P
6 1053 9421
EXISTING DOCK-HIGH DOORS: 11ADDITIONAL DOCK-HIGH DOORS: 6DRIVE-IN CONCRETE RAMP: 1
LM REAL ESTATE PARTNERS // CBRE | RALEIGH
INDUSTRIAL SPACE FOR LEASE SOUTH 40DISTRIBUTION CENTER
7
Updated Interiors & Exterior Facade
CLICK TO VIEW INTERIOR & EXTERIOR FLY OVER
LM REAL ESTATE PARTNERS // CBRE | RALEIGH
INDUSTRIAL SPACE FOR LEASE SOUTH 40DISTRIBUTION CENTER
8
Newly Renovated Interiors
RECENT RENOVATIONS INCLUDE:
• Motion Sensor LED Lighting • Updated Paint Throughout
• Leveled & Sealed Epoxy Floor • Newly Painted Exterior Facade
LM REAL ESTATE PARTNERS // CBRE | RALEIGH
INDUSTRIAL SPACE FOR LEASE SOUTH 40DISTRIBUTION CENTER
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Newly Renovated Interiors
INTERIOR PHOTOS
LM REAL ESTATE PARTNERS // CBRE | RALEIGH
INDUSTRIAL SPACE FOR LEASE SOUTH 40DISTRIBUTION CENTER
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Outdoor Yard Allocation
OUTSIDE STORAGE
AVAILABLE YARDCOMMON AREA/LEASED
LM REAL ESTATE PARTNERS // CBRE | RALEIGH
INDUSTRIAL SPACE FOR LEASE SOUTH 40DISTRIBUTION CENTER
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AREA AMENITIES
b LAKE WHEELER ROADN.C. State Farmers MarketThe MaywoodTrophy Brewing & TaproomSubway
a DOWNTOWN RALEIGHRaleigh Convention CenterLincoln TheaterRed Hat AmphitheaterPoole’s DinerMcDonald’sCrank Arm BrewingJose & SonsThe Pit
c S. SAUNDERS ST & S. WILMINGTON STSam’s ClubMi RanchoBP Gas StationSpeedwayBlue Oasis Bar & Lounge
Domino’s Pizza
d LAKE WHEELER ROAD & TRYON ROADFood LionCheckers Pizza & SubsChina WokAaron’sHan-Dee Hugo’s
Citgo Gas Station
e S. WILMINGTON ST & TRYON ROADCook OutTaco BellAutoZone Auto PartsBP Gas StationDunkin’ DonutsBojangles’Golden Corral
f ROCK QUARRY ROADFood LionWalgreen’sLittle Caesars PizzaBurger KingSubwayVALERO Gas StationFamily Dollar
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lake wheeler road
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SOUTH 40DISTRIBUTION CENTER
DOWNTOWN RALEIGH
LM REAL ESTATE PARTNERS // CBRE | RALEIGH
INDUSTRIAL SPACE FOR LEASE SOUTH 40DISTRIBUTION CENTER
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INTERSTATESUnbeatable location and accessibility
• 3 miles to Downtown Raleigh• 21 miles to Research Triangle Park
Uninterrupted access to main North Carolina thoroughfares for convenient access to every major market the United States:
INTERNATIONAL PORTSWilmington, NC 134 miles
Morehead City, NC 152 miles
Norfolk, VA 189 miles
Charleston, SC 278 miles
440
540
40 Interstate 40
Interstate 440
Interstate 540
1.5 Miles
4 Miles
13 Miles
AIRPORTSRaleigh-Durham International 19 miles
Piedmont Triad International 98 miles
Charlotte Douglas International 173 miles
100 MILES
300 MILES
500 MILES
LOCATION & ACCESS
I-540 OUTER LOOP
SOUTH 40DISTRIBUTION CENTER
CONTACT USANN-STEWART PATTERSON, SIOR
First Vice President+1 919 831 8207
J.D. “BUTCH” MILLERSenior Vice President
+1 919 831 [email protected]
© 2019 CB Richard Ellis - Raleigh LLC. The information contained in this document has been obtained from sources believed reliable. While CB Richard Ellis - Raleigh LLC does not doubt its accuracy, CB Richard Ellis - Raleigh LLC has not verified it and makes no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.
SOUTH 40DISTRIBUTION CENTER