Whitaker Park (2024)
4035 Reynolds Court, Winston-Salem, NC, 27105, US
7,640 sm
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 sm
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
Contact brokers
175 Circle M. Drive (0 Properties)
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Last updated
Dec 9, 2024
