Single-Tenant Industrial
Industrial-Flex | Owner-User Opportunity | Single Tenant
131 Business Park Dr, Indian Trail, NC 28079
Listing Price: $2,825,000
Cap Rate
5.32%
Gross SF
24,000
Price/Gross SF
$117.71
Lot Size
1.84 acres
Year Built
1994
Rentable SF
24,000
Investment Overview
Marcus & Millichap is pleased to present for sale a single-tenant, industrial/flex property located in Indian Trail, NC.
Investment Highlights
- Single Tenant Value-Add Opportunity
- +/- 2 Years Lease Term Remaining
- All Brick Exterior | Offered Below Replacement Cost
- Office & Warehouse Fully Conditioned
- 27% Office, 73% Warehouse with 12' 7" Clear Height
- Proximity to I-485 & Hwy 74 Bypass
- Vacancy Rate in Union County is 1.2%
- More Than 37% Rent Growth Previous 3 Years – Union County Submarket
Single-Tenant Industrial
Industrial-Flex | Owner-User Opportunity | Single Tenant
Listing Price: $2,825,000
Cap Rate
5.32%
Gross SF
24,000
Price/Gross SF
$117.71
Lot Size
1.84 acres
Year Built
1994
Rentable SF
24,000
Investment Highlights
- Single Tenant Value-Add Opportunity
- +/- 2 Years Lease Term Remaining
- All Brick Exterior | Offered Below Replacement Cost
- Office & Warehouse Fully Conditioned
- 27% Office, 73% Warehouse with 12' 7" Clear Height
- Proximity to I-485 & Hwy 74 Bypass
- Vacancy Rate in Union County is 1.2%
- More Than 37% Rent Growth Previous 3 Years – Union County Submarket
Investment Overview
Marcus & Millichap is pleased to present for sale a single-tenant, industrial/flex property located in Indian Trail, NC.