5832 Lease Lane - Raleigh, N

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5832 Lease Lane - Raleigh, N

Raleigh, NC 27617
Asking Price
$2.93M
Asset Type
Industrial
Class
Class B

What's Special

5832 Lease Lane is located in the Northwest Raleigh industrial submarket, situated near the intersection of Glenwood Avenue and Westgate Road. The property resides within an established industrial corridor characterized by a mix of flex spaces, distribution centers, and commercial service providers. The location offers proximity to the Brier Creek Commons retail hub, providing diverse dining and service amenities within a three-mile radius. Transportation access is supported by immediate connectivity to US-70 and the I-540 outer loop, facilitating logistics routes to Raleigh-Durham International Airport and the broader Research Triangle region. This industrial asset is suited for warehouse, light manufacturing, or regional distribution operations. The site configuration and accessibility align with the needs of logistics providers, construction trade contractors, and wholesale suppliers requiring efficient loading capabilities and highway proximity. Typical tenants for this location include mid-sized enterprises looking for functional industrial space with integrated office components. The property supports businesses focused on last-mile delivery services or specialized assembly within the Wake County market.

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NOI
$80,000
Cap Rate
2.73%
DSCR
0.46
Underwater
Cash-on-Cash
-10.69%
Monthly Payment
$14,496.041
Annual Cash Flow
$-93,952.496

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