5115 New Bern Ave

Investment Overview

5115 New Bern Avenue presents a unique industrial investment and owner-user opportunity featuring ±24,434 SF on ±2.74 acres in Raleigh. The property combines stable in-place income from a long-term NNN tenant with ±8,000 SF of available warehouse/office space and approximately 1.2 acres of fenced outdoor storage, providing flexibility for immediate occupancy, lease-up, or future expansion.

Investment Highlights

• ±24,434 SF industrial building on ±2.74 acres
• ±16,434 SF occupied by Metal Depot
• ±8,000 SF warehouse/office space available
• ±1.2 acres of fenced outdoor storage (IOS) with available space
• Three (3) drive-in doors
• Functional, well-appointed office buildout
• Paved and fenced site
• IX-3 zoning
• High Traffic Exposure: New Bern Ave / US-64 Business: 48,000 VPD; I-440: 122,000 VPD; I-87: 98,000 VPD.
• SALE PRICE: $6,100,000