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2539 Noblin Road

Ed Finley Of DF Properties Purchases Industrial Asset From Anthony Dilweg For $5.57M In Raleigh
SOLDIndustrial

Ed Finley Of DF Properties Purchases Industrial Asset From Anthony Dilweg For $5.57M In Raleigh

2539 Noblin Road

$5,570,000

$88/SF

Building Size

63,304 SF

Asset Type

Industrial

Closing

Apr 13, 2025

AI

The property asset involved in this transaction is located at 2539 Noblin Road in Raleigh, NC. The asset type is industrial, encompassing a space of 63,304 square feet and was sold for $5,570,000, reflecting a price per square foot of $88.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $5,570,000
  • Address: 2539 Noblin Road
  • Market: Raleigh, NC
  • Square Footage: 63,304
  • Price Per Square Foot: $88
  • Buyer: Ed Finley - DF Properties
  • Seller: Anthony Dilweg - Dilweg

Ed Finley represented DF Properties in the acquisition, while Anthony Dilweg oversaw the sale through Dilweg. This transaction highlights the activities of both representatives in the strong industrial market of the region.

Players

D
DilwegSeller

Raleigh Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.85%

Cash-on-Cash

-0.81%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93