Press Releases
Marcus & Millichap Brokers $4.5M Sale of Industrial Property in Charlotte
May 01, 2026
CHARLOTTE, N.C., May 1, 2026 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of 6031 McDaniel Lane, a flex-industrial property in Charlotte, North Carolina. The asset sold for $4.5 million.
“The asset had been under the same ownership for 25 years,” said Tyler Brown, associate investments. “We executed a targeted marketing process that generated a competitive bidding environment with multiple offers from qualified buyers across the country. This closing underscores the continued demand for well-located, infill flex-industrial assets in the Charlotte market.”
Brown, Harrison Creason and Andrew Margulies of Marcus & Millichap exclusively marketed the property on behalf of the seller and procured the buyer. The buyer is an entity affiliated with a Charlotte-based real estate investment firm.
“Over the past several years, we have seen local buyers increasingly compete with out-of-state investors, and often prevail, due to their deeper understanding of specific submarket fundamentals,” said Harrison Creason, senior director investments. “Based on the transactions we are currently marketing throughout the Carolinas; we expect this trend to continue.”
The 25,000-square-foot property sits on a 2.12-acre lot and is fully leased to Overhead Door Corporation, which has occupied the building since 1996. The facility features approximately 16% office and 84% warehouse space, a 20-foot clear height, 10 dock doors, and two drive-in bays.
The property is in an infill, heavy industrial (ML-2) zoning district that accommodates manufacturing, logistics, outdoor storage, and distribution uses. It is approximately two miles from Interstate 85, with convenient access to Interstates 485 and 77, and Uptown Charlotte.
“The asset had been under the same ownership for 25 years,” said Tyler Brown, associate investments. “We executed a targeted marketing process that generated a competitive bidding environment with multiple offers from qualified buyers across the country. This closing underscores the continued demand for well-located, infill flex-industrial assets in the Charlotte market.”
Brown, Harrison Creason and Andrew Margulies of Marcus & Millichap exclusively marketed the property on behalf of the seller and procured the buyer. The buyer is an entity affiliated with a Charlotte-based real estate investment firm.
“Over the past several years, we have seen local buyers increasingly compete with out-of-state investors, and often prevail, due to their deeper understanding of specific submarket fundamentals,” said Harrison Creason, senior director investments. “Based on the transactions we are currently marketing throughout the Carolinas; we expect this trend to continue.”
The 25,000-square-foot property sits on a 2.12-acre lot and is fully leased to Overhead Door Corporation, which has occupied the building since 1996. The facility features approximately 16% office and 84% warehouse space, a 20-foot clear height, 10 dock doors, and two drive-in bays.
The property is in an infill, heavy industrial (ML-2) zoning district that accommodates manufacturing, logistics, outdoor storage, and distribution uses. It is approximately two miles from Interstate 85, with convenient access to Interstates 485 and 77, and Uptown Charlotte.
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About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2025, the company had 1,808 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 8,818 transactions in 2025, with a sales volume of approximately $50.9 billion. For additional information, please visit www.MarcusMillichap.com.
