Asking Price Contact for pricing
Sq. Footage N/A
NOI Net Operating Income N/A
Cap Rate N/A

Attributes

Year Built 0

Property Description

+/- 105.62 acres, Wake County PIN 0757775868 & 0757479721

Investment Highlights

Holliday Fenoglio Fowler, L.P. acting by and through Holliday GP Corp., a North Carolina licensed real estate broker (“HFF”), has been retained as the exclusive sales representative for the Brier Creek Industrial Site a +/- 106 acre opportunity zoned ORD (Office/Research and Development District) in Cary which allows for industrial, office, and commercial uses. Situated 1.1 miles from the Raleigh- Durham International Airport, 1.5 miles from I-40 access (providing a direct route to Greensboro, Charlotte, Wilmington and Norfolk), and 2.8 miles from I-540 access, the site provides unmatched access to all of the Triangle area’s major interstates and connection points. The site has direct access points off both Nelson Road and Pleasant Grove Church Road, which further increase the value of the property. Positioned less than five miles from world-renowned Research Triangle Park (RTP) with 50,000+ combined employees, the Brier Creek Industrial Site has an enviable infill location near one of the metro’s major employment nodes. Positioned near Globe Center (850,000 sf), Woodlake Center (323,000 sf), Southport Business Park, (900,000 sf), Kitty Hawk Business Park (270,000 sf), and Gateway Center (600,000 sf), the site is in an impressive industrial node with very limited remaining development sites. The property is situated less than five miles from Raleigh-Durham’s premier industrial submarket, the RTP/I-40 submarket, which commands rental rates in the mid-high $5 PSF range. The property stands to benefit from RTP’s limited industrial inventory, explosive economic growth, and game-changing interstate and airport access.
Sarah Godwin
Sarah Godwin
Director
Licensed in
270966;108916
Hunter Barron
Hunter Barron
Senior Director
Licensed in
"259804 96951 "

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