604 Indeneer Dr • Kernersville, NC 27284

Year Purchased: 2020
Purchase Amount: $2,850,000.00
Equity: $1,175,000.00

Indeneer Industrial Park was purchased in October 2020 and is a 51,450 square foot multi-tenant industrial portfolio consisting of 4 buildings and one vacant lot, located along the busy I-40 corridor in Forsyth County, NC. Built in 1998, the buildings are extremely well-maintained with attractive brick exteriors and durable concrete parking lots. The center was 100% occupied at closing and offered our investors the prospect of current cash flow stability combined with upside from future leasing and planned rent increases.