IOS List - June 30, 2023

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SPACE NEEDED

Lee & Associates is working with a client searching for an equipment rental property in the Raleigh, NC area. Criteria:

• 5+ acres of graveled (prefer asphalt) and fenced yard area

• In-place zoning allows for outside storage of equipment

• 10,000 to 20,000 SF building with 90% warehouse and grade-level drive-in doors

• Prefer a location along the newer portions of the I-540 loop, but will consider any sites within 20 minutes of Raleigh

• Sale or lease. BTS or existing property. Former auto dealers, RV dealers, etc. would work.

If you have a suitable site, please contact Mike Glennon at 703-772-2339 or Moss Withers at 919-576-2501.

If you are a tenant rep or IOS user with a space need, get in touch with us here to share your need with over 5,000 IOSList subscribers.

FOR SALE

FOR SALE OR LEASE: Port Charlotte, FL - 9.6 acres IOS across multiple parcels

Lee & Associates is offering 9.6 acres for sale or lease at 19500 Peachland Boulevard, Port Charlotte, FL 33948. The site is II (Industrial Intensive) zoned land near Port Charlotte off of Veterans Blvd between US 41 & Interstate 75.

• Site 1 is 6 acres with right in/out entry only from Veterans Blvd Road. It has three buildings of 3,360 SF, 8,311 SF, and 3,110 SF with Office / Showroom. Asking price of $5,850,000. Lease price of $37,500/mo NNN.

• Site 2 and Site 3 have full access from Peachland Blvd Road. Site 2 is 3.62 acres, is clear and stable land, and has one building of 2,611 SF. Site 3 is 1.6 acres, concrete block construction with two buildings of 1,282 SF and 2,611 SF. Combined sale price of $3,500,000. Site 2 lease rate of $12,000/mo NNN. Site 3 lease rate of $15,000 NNN.

• Link to listing: LINK

For more information, contact Adam Bornhorst at 239-210-7616.

El Centro, CA - 9.5 acres IOS

Cushman Wakefield is offering this 9.5 acre IOS for sale at 1963 Old Highway 111, EL Centro, CA 92243. Most of the site is paved with water, electricity and Natural Gas. It is an M-U-1 (Light Industrial) zoned land with Highway frontage and visibility. The site is near the intersection of Hwy 111 and Evan Hewes Hwy just north of Interstate 8 and the Calexico Ease Port of Entry. The land is permitted for warehouse, storage, manufacturing, assembly, truck fueling station, truck services, research & development, and automotive services. The asking price is $1,975,000. Link to listing: LINK

For more information, contact Matt Davis at 858-334-4026, Melanie Haynes at 760-431-3848, or Regan Tully at 619-661-0656.

Johnson, TN - 6.91 acre downtown redevelopment site

Marcus & Milllichap is offering a 6.91 acre IOS redevelopment site for sale at 401 E Maple St, Johnson City, TN 37601. Zoning is I-2. The concept site plan calls for parking 176 fifty three foot trailers. All of the existing buildings will need to be removed. The demolition cost estimate is $350K to remove all structures. The 7 acre site is less than 1/4 mile to I-26 and within walking distance to downtown Johnson City. In addition to the close proximity to I-26, the property borders the East Tennessee Rail Line which interconnects with the Norfolk Southern Railway which is less than 1 mile away. The property clearly sits in the path of growth as the City of Johnson City has poured millions of dollars into the Walnut Street economic development initiative which is less than 1,000 feet away. The asking price is $2,650,000. Link to listing: LINK

For more information, contact Peter Malone at 615-554-2079.

FOR LEASE

Wellford, SC - 3-12 acre IOS sites

Lee & Associates is offering this 12-acre IOS that can be subdivided into parcels as small as 3 acres at 2497 Nazareth Rd Wellford, SC 29385. The site is graveled, fully fenced, and has electric gates and lighting. It offers a built-to-suit 2,500 - 75,000 SF (shop, truck terminal, or warehouse), and parking space is available for 275 trailers. The property is 1.5 miles to I-85, 6.2 miles to I-26, 9 miles to Inland Port Greer, 8 miles to BMW manufacturing, and 11 miles to GSP Airport. It is also near Highway 29, Highway 290, & Highway 101. It is expected to be completed in Q4 2023. The asking price is $4,000/acre. Link to listing: LINK

For more information, contact Jordan Skellie at 864-704-1040.

FOR SALE OR LEASE: Port Charlotte, FL - 9.6 acres IOS across multiple parcels

Lee & Associates is offering 9.6 acres for sale or lease at 19500 Peachland Boulevard, Port Charlotte, FL 33948. The site is II (Industrial Intensive) zoned land near Port Charlotte off of Veterans Blvd between US 41 & Interstate 75.

• Site 1 is 6 acres with right in/out entry only from Veterans Blvd Road. It has three buildings of 3,360 SF, 8,311 SF, and 3,110 SF with Office / Showroom. Asking price of $5,850,000. Lease price of $37,500/mo NNN.

• Site 2 and Site 3 have full access from Peachland Blvd Road. Site 2 is 3.62 acres, is clear and stable land, and has one building of 2,611 SF. Site 3 is 1.6 acres, concrete block construction with two buildings of 1,282 SF and 2,611 SF. Combined sale price of $3,500,000. Site 2 lease rate of $12,000/mo NNN. Site 3 lease rate of $15,000 NNN.

• Link to listing: LINK

For more information, contact Adam Bornhorst at 239-210-7616.

Baltimore, MD - 6.2 acre ISF

Alterra IOS is offering this 6.2 acre ISF for lease at 1200 Chesapeake Ave, Baltimore, MD. The site is secured and fully fenced. It has a 31,000 SF facility with big leveled doors. It is used for equipment rental yards, vehicle parking, and servicing. The property is zoned 1-2 and is less than 1 mile from I-895. It is 2 miles from route 172 and 6 miles to downtown Baltimore. It has immediate access to Fairfield Port and CSX Curtis Bay Car Shop. Link to listing: LINK

For more information, contact Mark Gannon at 610-246-6947.

Burlington, NJ - 12.3 acre IOS

Alterra IOS is offering this 12.3 acre IOS for lease at 511 Neck Rd, Burlington, NJ. The site has 9 acres of improved land. It has 10,000 SF of grade-level warehouse. The property is used for truck trailer parking, bulk marketing, and warehouse storage. The site falls in 1-2 zoned land and has immediate access to NJ Turnpike Exit 6A and PA Turnpike Connector. The property is close to downtown Philadelphia, PhilaPort, and Hanes Industrial Center. Link to listing: LINK

For more information, contact Mark Gannon at 610-246-6947.

Lake Forest, CA - 3.47 acre IOS

Tidemark is offering this 3.47 acre IOS for lease at 20772 Civic Center Dr, Lake Forest, CA. The property is located in the Pacific Commerce Center with proximity to the Foothill Corridor (241) Toll Road, I-5 and I-405 Freeways. The property has a 5,200 SF industrial building with 1,600 SF of office. Four ground-level loading doors, 400 amps of power, and covered equipment wash bay. Divisible to 1 acre. Lease with option to purchase is possible. Link to listing: LINK

For more information, contact Pat Lacey at 714-875-4134.

Burlington, NJ - 1-acre IOS

Alterra IOS is offering this 1-acre property for lease at 1922 River Rd, Burlington’s Hanes Industrial Center. The site has a 6,000 SF building for truck repair and 15,00 SF office space. It has 1-acre asphalt and crushed stone parking, four drive-in, and two drive-thru doors. It is used for parking, truck maintenance and storage. The property has easy access to routes 130, I-276, I-295, I-95 and NJ Turnpike. The property is close to the Port of Philadelphia and New Jersey. Link to listing: LINK

For more information, contact Mark Gannon at 610-246-6947.

AIRBNB HOSTS LEFT HOLDING THE BAG?

The bloom is off the rose for AirBNB owners in destination markets. Prepare for a washout, and prepare to see lots of listings of (gently used) fully-furnished homes. I wonder if any of these folks will drift into small market IOS as the next hot niche?

ATTENTION: YARD DOGS

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