Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire fee simple interest in the single-tenant industrial warehouse located in the Charlotte MSA. The building totals 65,015 square-feet and rests on a total of approximately 26.08 acres zoned L-I (Light Industrial). The property offers significant value-add opportunity through re-purposing, redevelopment, filling vacancy, or ideal for an owner user. The two-story warehouse currently has a clear height of 17’, however, there is potential upside by converting it to a one-story building in order to raise the ceiling height. The subject property is primely located in close proximity to downtown Charlotte and is less than 10 miles from the Charlotte Douglas International Airport. Located between the Blue Ridge Mountains and coastal plains, the Charlotte metro stretches 3,198 square miles across the Piedmont region of the Southeastern United States. It contains seven counties in North Carolina: Mecklenburg, Gaston, Union, Cabarrus, Iredell, Rowan and Lincoln. South Carolina counties include York, Lancaster and Chester. A strong financial presence has contributed to the local population growing to more than 2.6 million citizens, becoming one of the nation’s fastest-growing metros over the past 15 years. Charlotte is the largest city in the market, with more than 862,000 people, followed by Concord and Gastonia, which combine to account for over 172,000 residents.