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1101 E Cornwallis Rd 6,831 SF Industrial Building Durham, NC 27713 $2,075,325 CAD ($303.81 CAD/SF)
Investment Highlights
- Two dock-high doors and one drive-in door for efficient loading and logistics.
- Concrete yard providing ±2,500 SF of outdoor storage or expansion potential.
- Current long-term tenancy offering reliable income with built-in annual increases.
- Heated and cooled warehouse and office areas for operational comfort.
- Strategic location near Research Triangle Park with easy access to major highways.
Executive Summary
This industrial property combines income stability with strong future potential in a high-growth market. The 6,831 SF facility includes 5,800 SF of heated warehouse and 990 SF of office space, all on a 1.4-acre site with a concrete pad for storage or expansion. Its location offers immediate access to I-40, NC-147, and I-885, ensuring excellent connectivity to Research Triangle Park and the broader region.
Currently leased through Q2 2030 to an established pipe supplier, the tenancy provides reliable income with 3% annual increases and openness to a longer-term extension. This asset delivers functional warehouse features, outdoor storage capacity, and proximity to downtown Durham—making it a rare investment opportunity with strong growth potential.
Currently leased through Q2 2030 to an established pipe supplier, the tenancy provides reliable income with 3% annual increases and openness to a longer-term extension. This asset delivers functional warehouse features, outdoor storage capacity, and proximity to downtown Durham—making it a rare investment opportunity with strong growth potential.
Property Facts
| Price | $2,075,325 CAD | Rentable Building Area | 6,831 SF |
| Price Per SF | $303.81 CAD | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1975 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Ratio | 3.22/1,000 SF |
| Building Class | C | No. Dock-High Doors/Loading | 2 |
| Lot Size | 1.30 AC | No. Drive In / Grade-Level Doors | 1 |
| Zoning | I-2 - General Industrial | ||
| Price | $2,075,325 CAD |
| Price Per SF | $303.81 CAD |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.30 AC |
| Rentable Building Area | 6,831 SF |
| No. Stories | 1 |
| Year Built | 1975 |
| Tenancy | Single |
| Parking Ratio | 3.22/1,000 SF |
| No. Dock-High Doors/Loading | 2 |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | I-2 - General Industrial |
Amenities
- 24 Hour Access
- Fenced Lot
- Front Loading
- Security System
- Signage
- Yard
- Air Conditioning
Utilities
- Gas - Natural
- Heating - Gas
1 1
Fairly walkable
40/100
Very drivable
80/100
Some public transit
40/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 133844 | Improvements Assessment | $297,337 CAD |
| Land Assessment | $979,553 CAD | Total Assessment | $1,276,891 CAD |
Property Taxes
Parcel Number
133844
Land Assessment
$979,553 CAD
Improvements Assessment
$297,337 CAD
Total Assessment
$1,276,891 CAD
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1101 E Cornwallis Rd
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