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3870 US Highway 421 N
Wilmington, NC 28401

$12,200,000 USD

Warehouse For Sale • 71,035 SF

Property Details

Property Type Warehouse
Total Building Size 71,035 SF
Lot Size 10.73 AC
Building Class A
Year Built 2023
Cap Rate 6.22 %
Tenancy Multiple
Zoning I-2

10 Walk Score

                
                    Highlights
                
                                Net Lease Investment, with a brand new lease executed at closing.
                            
                                60 month term, with annual escalations.
                            
                                Proven tenant that has been in business for over 60 years.
                            
                                Attractive fundamentals, with a market lease rate on highly active real estate in a  strong market.

Property Flyers

Yogasleep (Sale Leaseback) -- OM

Financial Summary (Proforma)

Net Operating Income: $759,000 USD (2026)

Cap Rate:

6.22 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Yogasleep	71,035 SF

Amenities

24 Hour Access

Public Transportation

Airport	Drive	Walk	Distance
Wilmington International	16 min	-	8.7 mi

Paul Loukas 910-344-1008 Cape Fear Commercial

3870 US Highway 421 N Wilmington, NC 28401