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416 Millstone Dr 14,656 SF Flex Building Hillsborough, NC 27278 $3,554,798 CAD ($242.55 CAD/SF)

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Investment Highlights

Fully conditioned industrial flex building with office and warehouse integration.
One loading dock with two levelers supports efficient shipping and receiving.
Immediate access to I-40 and I-85 for regional connectivity across the Triangle and Triad.

Ceiling heights range from 13 to 22 feet for versatile operational use.
Positioned on 2.32 acres with ample parking and yard space.
Located in an established Economic Development District supporting business growth.

Executive Summary

This 14,221 SF industrial flex property in Hillsborough’s Economic Development District offers a compelling investment opportunity with long-term operational flexibility. Situated on 2.32 acres, the property combines office and warehouse space, making it suitable for a variety of industrial and service-based users. The building features ceiling heights from 13 to 22 feet, one loading dock with two levelers, and a fully conditioned interior, ensuring adaptability for manufacturing, warehousing, and distribution.
Its strategic location near I-40 and I-85 provides direct access to major transportation corridors, supporting efficient logistics and regional connectivity across the Triangle and Triad markets. The site includes ample parking and yard space, enhancing functionality for businesses requiring outdoor storage or fleet operations. With its modern infrastructure and proximity to key economic hubs, this asset offers strong potential for owner-occupants or investors seeking a versatile property in a growing market.

416-Millstone-Drive

Property Facts

Price	$3,554,798 CAD	Rentable Building Area	14,656 SF
Price Per SF	$242.55 CAD	No. Stories	1
Sale Type	Investment or Owner User	Year Built	1999
Property Type	Flex	Tenancy	Single
Property Subtype	Light Manufacturing	Parking Ratio	2.18/1,000 SF
Building Class	B	No. Dock-High Doors/Loading	2
Lot Size	2.32 AC	Cross Streets	Old NC-86 Hwy
Zoning	HI - Heavy Industrial

Price	$3,554,798 CAD
Price Per SF	$242.55 CAD
Sale Type	Investment or Owner User
Property Type	Flex
Property Subtype	Light Manufacturing
Building Class	B
Lot Size	2.32 AC
Rentable Building Area	14,656 SF
No. Stories	1
Year Built	1999
Tenancy	Single
Parking Ratio	2.18/1,000 SF
No. Dock-High Doors/Loading	2
Cross Streets	Old NC-86 Hwy
Zoning	HI - Heavy Industrial

Signage

Space Availability

Space
Size
Space Use
Condition
Available

1st Floor
14,221 SF
Industrial
Full Build-Out
Now

Available for lease, this 14,221 SF flex/industrial facility offers a blend of office and warehouse space designed for operational efficiency. The property includes one loading dock with two levelers, ceiling heights ranging from 13 to 22 feet, and a fully conditioned interior. Positioned on 2.32 acres, it provides generous parking and yard space for maneuverability and storage. Located within the Economic Development District, the site benefits from immediate access to I-40 and I-85, ensuring seamless regional distribution and connectivity to Durham, Raleigh, Greensboro, and Chapel Hill. This property is well-suited for manufacturing, warehousing, order fulfillment, or service-based operations seeking a functional and accessible location.