INCOME-PRODUCING INDUSTRIAL SITE
Significant Phased Redevelopment Optionality — The 115-acre property, with approximately 75 usable acres, combines in-place income with substantial long-term redevelopment potential in Sanford, NC.
The existing building provides current cash flow while preserving the opportunity to reposition the site over time. As entitlements and market conditions support development, the property could accommodate up to approximately 700,000 square feet of new industrial space through a phased redevelopment program.
The property’s scale, zoning, and access to regional transportation infrastructure support a future industrial campus designed for logistics, manufacturing, and distribution users. Phased development provides flexibility to align capital deployment with tenant demand, reduce timing risk, and capture future rental growth as Sanford benefits from population growth, corporate expansion, and demand extending from the Raleigh-Durham market.