599 S. Railroad Street
599 S. Railroad Street Lexington NC 27292
- Lease TypeNNN
- Lease Rate/SF$3.00
- Price$2,996,941
- Acres2.10
Located in the rapidly growing “Depot District,” Bull City Ciderworks’ Lexington location has been the brand’s production hub since 2015. They extensively renovated the former Lexington Furniture warehouse, adding an EPDM roof, ample power, gas, and drainage, a sprinkler system throughout, new doors and windows, and a 1,600 SF cold room. Here their all-natural pressed apples are transformed into 15 cider varietals, canned, packaged, and sent off for statewide distribution. In 2021 the group upfitted approximately 4,000sf of the main level into their flagship cider bar and corporate offices.
Details
Property Information
-
Property Type
Investment
-
Tenant Name(s)
Bull City Ciderworks
-
Building SF
70,660
-
Year Built
1969
-
Acres
2.10
-
Available SF ±
33,718 SF
-
Year Remodeled
2015 & 2021
Pricing & Terms
-
Price
$2,996,941
-
Lease Rate/SF
$3.00
-
Lease Type
NNN
-
Lease Terms
10 Year
-
NOI
$180,000