Absolute NNN Flex Sale Leaseback

1604-1616 S. Main Street, Lexington, NC 27292

  • For Sale $4,500,000
  • Property Type Industrial - Flex - Industrial
  • Property Size 85,278 SF
  • Date Updated Jul 14, 2025
  • HVAC None
Located in the vibrant city of Lexington, the area surrounding Absolute NNN Flex Sale Leaseback presents an attractive opportunity for industrial and flex space investors. The city is known for its strong industrial and manufacturing presence, with notable establishments such as Egger Wood Products, LL Flooring, and other manufacturing and distribution facilities contributing to the area's industrial landscape. Additionally, Lexington offers a conducive business environment with access to major transportation routes, fostering efficient logistics and distribution operations. The city's strategic positioning, coupled with its skilled workforce and diverse industrial base, makes it an appealing location for investors seeking to establish a presence in the thriving industrial and flex space sector of Lexington.This spacious industrial property at 1604-1616 S. Main Street, Lexington, NC offers a prime investment opportunity for those seeking to expand their portfolio. With a substantial 85,278 square feet of space, it presents a solid foundation for a tenant like TDF Furniture. Boasting an attractive Net Operating Income of $360,000 and a long-term lease agreement featuring reliable rental escalations, this property provides a secure and lucrative investment option. Additionally, with the lease structured as Absolute NNN, investors can enjoy a passive income stream with minimal management responsibilities. Positioned in the bustling area of Lexington, this property is a valuable addition to any industrial or flex space portfolio.
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Highlights

  • LEASE TERM: 10 Year
  • LEASE TYPE: Absolute NNN
  • NOI: $360,000
  • RENEWALS: Two 5-Year Options
  • RENT ESCALATIONS: 2% Annually
  • RENT PSF: $4.22
  • SPACE OCCUPIED: ±85,278
  • TENANT: TDF Furniture

Contacts

broker

Linville Team Partners

Location

Getting Around

  • Walk Score ®

    43/100 Car-Dependent
  • Bike Score ®

    23/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Lexington, NC
  • Zip Code 27292
  • Market Winston Salem Greensboro

Points of Interest

  • Mobil

    0.58 miles

  • Speedway

    0.63 miles

  • Pure

    0.68 miles

  • BP

    0.98 miles

  • Sheetz

    1.01 miles

  • Tesla Supercharger

    1.05 miles

  • Murphy USA

    1.12 miles

  • Gran Prix

    1.29 miles

  • Phillips 66

    1.66 miles

  • Shell

    1.75 miles

  • Christo's

    0.09 miles

  • Smokey Joe's Barbecue

    0.57 miles

  • Dunkin' Donuts

    0.64 miles

  • Thai House Bistro

    0.83 miles

  • KFC

    1.07 miles

  • Tasty China

    1.08 miles

  • Kearney's Drive-In

    1.09 miles

  • Jj's Mama's Soulfood & More Llc

    1.11 miles

  • La Carreta

    1.16 miles

  • Subway

    1.24 miles

  • Compare Foods

    0.88 miles

  • Walmart Supercenter

    1.19 miles

  • Conrad Hinkle

    1.56 miles

  • ALDI

    1.63 miles

  • Walmart Neighborhood Market

    1.80 miles

  • Food Lion

    1.93 miles

  • Belk

    2.04 miles

  • Big Lots

    2.17 miles

  • Lexington Medical Center

    0.82 miles

  • OT4Kids, Inc

    0.93 miles

  • Pinnacle Urgent Care

    1.32 miles

  • Lexington Family Pharmacy

    1.53 miles

  • CVS Pharmacy

    1.54 miles

  • Lexington Drug

    1.55 miles

  • Lexington Police Department

    1.62 miles

  • Walgreens

    1.67 miles

  • Your Pharmacy of Lexington

    1.73 miles

  • Novant Health

    1.86 miles

Frequently Asked Questions

How much does Absolute NNN Flex Sale Leaseback cost?

The space currently listed for sale at Absolute NNN Flex Sale Leaseback asks for $4,500,000.

What is the total square footage of Absolute NNN Flex Sale Leaseback?

Absolute NNN Flex Sale Leaseback totals 85,278 square feet.

Looking for more in-depth information on this property?

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Contact Listing Broker
broker

Linville Team Partners

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