116 Penn Ave

For Lease

116 Penn Ave, Oxford, NC 27565

116 Penn Ave currently offers 1 industrial space(s) for rent. The property type is designated as industrial. Use types among leasing opportunities at this property include warehouse/distribution. The minimum space size listed is 29,128 square feet. Lease type options include NNN. Expand the individual listing section(s) below or reach out to the property representative(s) for additional information on leasing opportunities at 116 Penn Ave.

Space Available For Lease 1

Contacts

broker
Jonathon Harriss

Lee & Associates - Raleigh Durham

Property Details

  • Property Type Industrial - Warehouse/Distribution
  • Property Size 29,128 SF
  • Year Built 1997
  • Date Updated Feb 19, 2025
  • HVAC None
Industrial property for lease off US 15 Hwy in downtown Oxford, 1.5 miles from I-85.±29,128 SF industrial warehouse for lease in downtown Oxford.
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Highlights

  • ±29,128 SF industrial space for lease
  • ±1,000 SF office
  • 25' clear, 20' at the eaves
  • Neighborhood Business (NB) zoning
  • Three-phase, 480V power
  • Wet sprinkler
  • Updated lighting throughout
  • Currently unconditioned, but two 30-ton package units on roof
  • One 10 x 10 dock high door
  • One 12 x 14 dock high door
  • One 12 x 14 drive-in door
  • Available May 21, 2025
  • Lease Rate: $4.95 SF/yr NNN
  • TICAM estimate $0.75 SF/yr ($1,820.50/month, includes power)

Getting around

  • 46/100

    Walk Score ®

  • 47/100

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Location

  • City Oxford, NC
  • Zip Code 27565
  • Market Raleigh Durham

Points of Interest

  • Speedway

    1.00 miles

  • Shell

    1.12 miles

  • Citgo

    4.54 miles

  • College Station

    5.86 miles

  • Tesla Supercharger

    8.21 miles

  • Sheetz

    8.25 miles

  • Exxon

    8.25 miles

  • Stovall Quick Stop

    9.48 miles

  • Harvest Restaurant

    0.39 miles

  • Little Caesars

    0.97 miles

  • McDonald's

    1.04 miles

  • Burger King

    1.04 miles

  • Cook Out

    1.05 miles

  • KFC/Taco Bell

    1.05 miles

  • Wendy's

    1.10 miles

  • Popeyes

    1.13 miles

  • Pizza Hut

    1.14 miles

  • Subway

    1.16 miles

116 Penn Ave Listing Brief

  • The rental rate for available space here starts at $4.95. The asking price for this type of property can vary based on the location of the asset, as proximity to transportation hubs, access to highways or ports plays a key role in the building's valuation. Other factors that influence cost are the property age, its quality rating (building class or property class), as well as its on-site facilities and features.

  • Completed in 1997, the property at 116 Penn Ave incorporates 29,128 square feet.

    A single-tenant industrial space is typically ideal for businesses or organizations that require exclusive and dedicated use of the entire facility. This type of space suits industries or activities that demand specialized infrastructure, privacy, and control over the entire premises.

  • Reach out to listing brokers or property representatives using the contact form available on this page, to find out more about climate control and other essential systems at this property. Climate control is typically used in industrial buildings where businesses store items that are susceptible to temperature and humidity damage, such as food, pharmaceuticals, paper, textiles, and electronics.

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Jonathon Harriss

Lee & Associates - Raleigh Durham

  1. 1Main information
  2. 2Extra information
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