Stabilized multi-tenant industrial investment opportunity in one of Cabarrus County's most established industrial corridors.? The property is 100% occupied by three established tenants and generates approximately $159,745 Proforma annual Net Operating Income (NOI), providing immediate, predictable cash flow for investors.? The diversified tenant mix helps reduce vacancy risk while offering stable long-term income.? The property consists of approximately 15,980 square feet on ±1.15 acres and is strategically located just minutes from Interstate 85, providing excellent connectivity to Charlotte, Concord, Kannapolis, and the surrounding industrial markets.? The location offers convenient access to major transportation routes, labor pools, and regional distribution networks.? This is an excellent opportunity for investors seeking a stabilized industrial asset with in-place income, strong market fundamentals, and continued demand for industrial space throughout the Charlotte MSA.?
| MLS # | 4402934 |
|---|---|
| Listing Type | For Sale |
| Style | Industrial |
| Sub-Type | Resale |
| Status | Active |
| Year | 1998 |
| Days On Site | 52 |
| Listing Provided By | Century 21 Providence Realty | Pat Flanagan |
| Story(s) | 1 |
|---|---|
| Building(s) | 1 |
| Acreage | 1.16 |
| List Aor | Union County Association of Realtors INC |
|---|
| Property | 1122070 |
|---|
| State | NC |
|---|---|
| County | Cabarrus |
| City | Concord |
| Zip Code | 28027 |
| Area | Cabarrus |
| Listing VS Median (in 28027) | |
Price: $2,600,000 low | high Med: $450,000 On site: 52 low | high Med: 39.5 | |
| State | NC |
|---|---|
| County | Cabarrus |
| City | Concord |
| Zip Code | 28027 |
| Area | Cabarrus |
| Listing VS Median (in 28027) | |
Price: $2,600,000 low | high Med: $450,000 On site: 52 low | high Med: 39.5 | |