Updated Sep 10, 2026
Romaine Camera Of Environmental Air Systems Acquires 32.68 Acre Industrial Property In Rural Hall For $39.5M
710 Almonridge Drive
$39,500,000
$84/SF
Building Size
469,117 SF
Asset Type
Industrial
Closing
Sep 9, 2026
About this deal
AI
An industrial property located at 710 Almonridge Drive in Rural Hall, North Carolina, has been sold as part of a closed transaction. The asset spans 32.68 acres and features a total square footage of 469,117. The sale was finalized for a price of $39,500,000, resulting in a price per square foot of $84.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $39,500,000
- Acres: 32.68
- Square Footage: 469,117
- Address: 710 Almonridge Drive
- Market: Rural Hall, NC
- Buyer: Romaine Camera - Environmental Air Systems
- Seller: MDC NC1, Limited Partnership
The transaction contributes to Environmental Air Systems' total real estate investment in the Triad area for 2026, which now amounts to $126.2 million, following earlier acquisitions in Asheboro and Browns Summit.
On the Map
$39,500,000
$84/SF
Industrial
View full map
Tariff Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Visit Environmental Air Systems to view all their deals.
Browse Tariff industrial sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.40%
Cash-on-Cash
-0.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93