Land

Brier Creek Industrial Sites

1205 olive branch rd Durham, North Carolina United States 27703
Asking Price Contact for pricing
N/A
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
N/A
NOI Net Operating Income N/A
Cap Rate N/A

Documents

Confidentiality Agreement CA (Broker) Teaser
I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. Approval for Deal Room access requires review by our Broker Team. You will be notified by email once your access is granted. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.
I accept the confidentiality agreement I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

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.
Last Updated Date: 04 Jun 2020
Sarah Godwin
Sarah Godwin
Director, Capital Markets
License details
NC-270966 SC-108916
+84869421324
Hunter Barron
Hunter Barron
Senior Director, Capital Markets
License details
NC-259804 SC-96951
+84869421324
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Last Updated Date: 04 Jun 2020

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