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Investment Highlights

  • Fully leased industrial property with FleetPride as the tenant since 1998.
  • Located near Piedmont Triad International Airport with direct access to I-40, I-73, and I-85.
  • Roof replaced in February 2021 with a 15-year warranty from Baker Roofing.
  • Triple net (NNN) lease with term through December 31, 2032 and two percent annual escalations.
  • Building features include 12 drive-in doors, three dock-high doors, ceiling heights up to 24 feet, and a 100% sprinkler system.

Executive Summary

This offering presents a fully leased industrial investment property anchored by FleetPride and located at 7603 Boeing Drive in Greensboro, North Carolina. The property features a long-term, triple net lease structure, providing stable income with minimal landlord obligations. The tenant, FleetPride, has occupied the premises since 1998 and renewed through December 31, 2032, with a five-year renewal option and annual escalations of two percent. A strong national operator with hundreds of locations across the country enhances the security of this income stream.
Built for operational efficiency, the property comprises approximately 35,472 square feet across two levels and sits on 3.608 acres zoned HI (Heavy Industrial). It includes significant loading capacity with 12 drive-in doors, three dock-high doors, one lower dock, and ceiling heights ranging from 20 to 24 feet. Fire suppression is supported by a 100% sprinkler system, and the roof was replaced in 2021 with a 15-year warranty in place. Located near the Piedmont Triad International Airport and with easy access to major interstates—I-40, I-73, and I-85—this property offers outstanding connectivity.
This asset aligns with investors seeking durable cash flow backed by a strong tenant covenant and positioned in a high-demand industrial corridor.

Property Facts

Sale Type Investment NNN
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 3.61 AC
Rentable Building Area 35,500 SF
No. Stories 1
Year Built 1996
Tenancy Single
Parking Ratio 1.56/1,000 SF
No. Dock-High Doors/Loading 4
No. Drive In / Grade-Level Doors 13
Zoning HI - Heavy Industrial

Amenities

  • Signage
Somewhat walkable
20/100
Exceptionally drivable
100/100
Limited public transit
20/100
Not bikeable
10/100

Property Taxes

Property Taxes

Parcel Number
0099732
Land Assessment
$567,022 CAD
Improvements Assessment
$2,871,983 CAD
Total Assessment
$3,439,005 CAD
  • Listing ID: 40243769

  • Date on Market: 2026-04-22

  • Last Updated:

  • Address: 7603 Boeing Dr, Greensboro, NC 27409

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