Goldston Industrial - Land Site

U.S. 421 MANUFACTURING CORRIDOR Positioned within the extended Research Triangle, Sanford offers access to the Raleigh-Durham market with lower land and occupancy costs. The area is near several of North Carolina’s major employment, manufacturing, and distribution centers, providing industrial users with regional connectivity without the congestion and pricing of larger metro submarkets. U.S. 421 serves as a major transportation spine across North Carolina, connecting Greensboro to the northwest with Wilmington and the Port of Wilmington to the southeast. Recent and ongoing roadway improvements have improved travel efficiency, freight reliability, and regional access, supporting industrial, logistics, and advanced manufacturing activity along the corridor. Sanford is one of Lee County’s most active industrial nodes, with an established base of advanced manufacturing and distribution operations. Major employers, including Pfizer and Toyota, anchor a growing employment and production corridor, supported by nearby suppliers and efficient truck access.INCOME-PRODUCING INDUSTRIAL SITE Significant Phased Redevelopment Optionality — The 115-acre property, with approximately 75 usable acres, combines in-place income with substantial long-term redevelopment potential in Sanford, NC. The existing building provides current cash flow while preserving the opportunity to reposition the site over time. As entitlements and market conditions support development, the property could accommodate up to approximately 700,000 square feet of new industrial space through a phased redevelopment program. The property’s scale, zoning, and access to regional transportation infrastructure support a future industrial campus designed for logistics, manufacturing, and distribution users. Phased development provides flexibility to align capital deployment with tenant demand, reduce timing risk, and capture future rental growth as Sanford benefits from population growth, corporate expansion, and demand extending from the Raleigh-Durham market.