1211 Ireland Dr • Fayetteville, NC 28304

Year Purchased: 2020
Purchase Amount: $5,490,000.00
Equity: $2,352,332.00

Ireland Drive Industrial was purchased in October 2020 and is a four building, 60,000 SF industrial park located just off a major road in Fayetteville, NC. Built in the early 90s, the buildings are well-maintained and have many long-term tenants, including a fresh 7-year lease renewal with the NC Children’s Development Services Agency that was executed just prior to closing. 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.