What is your Triad industrial building worth right now?

It depends mostly on functionality and income. In 2026, modern, functional Triad warehouses (24'+ clear height, good dock count and truck court) sold for roughly $104–$139 per square foot, while an older multi-building park in High Point traded near $24/SF. A leased building is valued on its net operating income and a cap rate; a vacant one is valued on what an owner-user or investor will pay after accounting for lease-up time and cost. For a real number, request a free Broker Opinion of Value.

If the building is vacant and in decent shape, leasing it first often produces a higher sale price later, because investors pay for in-place income. Triad vacancy was about 5.5% in Q3 2026 (Cushman & Wakefield), so functional space generally leases. Selling vacant makes more sense when you need liquidity now, the building needs major capital work, or an owner-user will pay a premium. Matt models both paths before recommending one.

In a sale-leaseback you sell the building you occupy to an investor and sign a long-term lease to stay. It converts real estate equity into cash for the business while you keep operating in place. It fits best when the business is stable and creditworthy, plans to stay at least 5–10 years, and has better uses for the capital than tying it up in real estate. The lease rate and term drive the price, so they have to be set carefully.

A well-priced, functional building usually takes about 60–120 days to find a buyer and another 45–90 days to close, depending on due diligence, financing, and environmental review. Specialized or functionally obsolete buildings can take considerably longer. Off-market sales to a known buyer can move faster.

Clear height, enough dock-high and drive-in doors, a deep truck court, heavy power, sprinklers, trailer parking or yard space, and easy interstate access. Low site coverage (more land per building SF) adds value because yard and outdoor storage are scarce. Buildings with low clear heights, tight truck courts, or deferred roof and HVAC maintenance trade at a discount.