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7603 Boeing Dr
Greensboro, NC 27409
Asking Price
$6.44M
Cap Rate
6.15%
Asset Type
Distribution Industrial
Class
Class B
What's Special
Industrial | 6.15% CAP | 35,472 SqFt <p>7603 Boeing Drive in Greensboro, North Carolina is a fully leased single tenant industrial property located in the heart of the Piedmont Triad’s premier logistics corridor. The property is leased to FleetPride, the nation’s largest distributor of truck and trailer parts, which has operated at this location since 1998. FleetPride, operating 329 locations across 46 states, is a nationally recognized leader in heavy‑duty parts distribution.</p><p>The asset consists of ±35,472 square feet situate
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NOI
$80,000
Cap Rate
1.24%
DSCR
0.21
Underwater
Cash-on-Cash
-15.65%
Monthly Payment
$31,885.497
Annual Cash Flow
$-302,625.97
