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.
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