Sam Lampuri Sells Industrial Asset At 2010 Raleigh Boulevard Raleigh NC For $9.025M
SOLD
North Carolina
See Similar DealsIndustrial34,000 SF
Sold 10/20/2025
SOLD
Sam Lampuri Sells Industrial Asset At 2010 Raleigh Boulevard Raleigh NC For $9.025M
2010 Raleigh Boulevard
See Similar DealsIndustrial34,000 SF
Sold 10/20/2025
Summary
NORTH CAROLINA
Asset Type:Industrial
Price Per Square Foot:$265
Total Square Footage:34,000 SF
Transaction Type:Sale
The property involved in this transaction is an industrial asset located at 2010 Raleigh Boulevard, Raleigh, NC. The sale price for the asset was $9,025,000, encompassing a total of 34,000 square feet. The property sits on 4.86 acres, with the price per square foot calculated at $265.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $9,025,000
- Building SF: 34,000
- Market: Raleigh, NC
- Acres: 4.86
- Seller: Sam Lampuri
- Brokers: Jennifer Stein – Jennifer Stein Real Estate, Inc. referred by Roberto Susi, Eli Sasson Bril & Jose Sasson Lerner - Axiom Capital Advisors
Jennifer Stein of Jennifer Stein Real Estate, Inc. was referred by Roberto Susi, Eli Sasson Bril, and Jose Sasson Lerner of Axiom Capital Advisors, representing the purchaser in this transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$481,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$32,063.93
Cash-on-Cash Return-1.27%
Monthly Debt Service$42,783.10
Annual Debt Service$513,397.25
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