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$ 2,600,000
Est. payment | /mo
1.16 Acres Lot
$ 2,600,000
Est. payment | /mo
1.16 Acres Lot
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4402934
Year Built 1998
Lot Size 1.160 Acres
Acres 1.16
Property Sub-Type Industrial
Property Description
Stabilized Multi-Tenant Industrial Investment | $160,888 Proforma NOI | Concord, NC
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 $160,888 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.
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 $160,888 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.
Location
State NC
County Cabarrus
Zoning I-1
Interior
Inclusions Building, Land
Exterior
Fence Chain Link, Fenced, Full
Street Surface Concrete,Paved
Building
Dwelling Type Site Built
New Construction false
Others
Senior Community false
Special Listing Condition None
© 2026 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Listed by Pat Flanagan • Century 21 Providence Realty • Pat.Flanagan@Century21-CRE.com
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