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1736 Whites Kennel Road

Updated Aug 31, 2026

SOLDIndustrial

Jeffrey Bershad And Philip Bershad Purchase Industrial Property From Matt Roth For $19.5M In Burlington

1736 Whites Kennel Road

$19,500,000

$104/SF

Building Size

187,000 SF

Asset Type

Industrial

Closing

Aug 27, 2026

About this deal

AI

The industrial property located at 1736 Whites Kennel Road in Burlington, North Carolina has been sold for $19,500,000. This asset encompasses 187,000 square feet across a 13.05-acre site. The facility, built in 2025, features 20 dock-high doors, three drive-in doors, and 36 truck parking spaces. Its strategic location near N.C. 49 and I-40 allows for efficient access to the Triad and Triangle markets.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $19,500,000
  • Address: 1736 Whites Kennel Road
  • Market: Burlington, NC
  • Square Footage: 187,000
  • Price Per Square Foot: $104
  • Buyer: Jeffrey Bershad & Philip Bershad
  • Buyer's Company: Phillip Jefferies
  • Seller: Matt Roth
  • Seller's Company: BlueScope Properties Group
  • Acres: 13.05

Jeffrey Bershad and Philip Bershad represented Phillip Jefferies in this transaction. The property was previously owned by Matt Roth from BlueScope Properties Group, marking a significant transfer of ownership within the industrial real estate sector.

Players

Jeffrey Bershad

Phillip Jefferies

Broker

$19.5M

vol

1 deal

Broker

Jeffrey Bershad

Phillip Jefferies

Buyer

$19.5M

vol

1 deal

Buyer

Matt Roth

BlueScope Properties Group

Seller

$19.5M

vol

1 deal

Seller

Burlington Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $104 per square foot on a published $19.5M for 187,000 square feet (2026).

Visit Phillip Jefferies to view all their deals.

Browse Burlington industrial sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.81%

Cash-on-Cash

-0.23%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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