175 Circle M. Drive_Property for Sale
175 Circle M. Drive_Property for Sale
175 Circle M Drive, Salisbury, NC, 28147, US

175 Circle M. Drive

Asset Description

175 Circle M. Drive is a 120,000 square foot industrial warehouse and distribution facility located in Salisbury, North Carolina. The Property is currently 100% leased to Westlake Royal Building Products Inc. (“Westlake”), with 5.7 years of lease term remaining. Westlake, a wholly-owned subsidiary of Westlake Corporation (NYSE: WLK; S&P: BBB+), is a leading manufacturer and distributor of high quality exterior building products for residential and commercial applications.

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Attributes

Building area net
11,148 m²
Occupancy
100%
WALT
5.7 years

Media

Investment Highlights

  • STABLE, IN-PLACE CASH FLOW WITH FUTURE UPSIDE


  • HIGHLY SOUGHT-AFTER INDUSTRIAL OUTDOOR STORAGE


  • SUPERIOR LOGISTICS ACCESS ALONG PREMIER GROWTH CORRIDOR


  • ACCESS TO EXPLOSIVE CHARLOTTE MSA
175 Circle M. Drive 4_Property for Sale
175 Circle M. Drive 4_Property for Sale

Contact brokers

175 Circle M. Drive (0 Properties)

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Last updated
30 Sep 2024