Overview

Highlights

• 20,964 SF industrial facility on 3.50 acres in Morrisville for sale
• 100% leased to Ferguson Enterprises through August 2026 with three (3) three-year renewal options
• Current NOI: $218,809.44/year NNN with minimal landlord obligations
• 22' clear height, 3 dock doors, 1 drive-in door, and heated warehouse space
• Roof restoration completed in November 2024
• Strategic location just minutes from RDU Airport, Research Triangle Park, and I-40/I-540

Description

109 International Drive is a fully leased, single-tenant NNN industrial asset located in the high-demand RTP/RDU submarket of Morrisville. Totaling 20,964 SF on 3.5 acres, the property is 100% occupied by Ferguson Enterprises—the largest distributor of plumbing supplies in the U.S.— through August 2026, with three additional three-year renewal options.

The facility features a 22-foot clear height, multiple dock-high doors, and a secure laydown yard. Strategically situated just 3 miles from RDU International Airport with direct access to I-40, I-540, and I-885, the site offers exceptional last-mile and regional distribution capabilities. With stable income, minimal landlord responsibilities, and long-term redevelopment upside, this offering presents a rare acquisition opportunity in one of the Southeast’s fastest-growing markets.

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