Warehouse
2859 Armentrout Dr
2859 Armentrout Dr, Concord, NC 28025
Listing Price: $1,404,000
Investment Overview
Marcus and Millichap is pleased to present this multi-tenant industrial warehouse property located in Concord, NC. 2859 Armentrout Dr is a 10,800 square foot, steel constructed, industrial warehouse building situated on 1.0 acre lot. The property h as three loading bays, all of which offer convenient access. The property was built in 1998 and is split equally into two units, with two separate tenants. Each unit offers renovated office space and restrooms. The property is currently below market rents, presenting a strong opportunity for any future investor(s).
Located in the rapidly growing city of Concord, NC, the property is at the center of a thriving market and is situated in one of the fastest-growing industrial corridors. Concord is home to roughly 108,000 people and several major employers and retailers, some of which include Atrium Health, Walmart, and Hendrick Chrysler. The region benefits from strong demographics and a prolific labor force. Also located nearby is the Charlotte Motor Speedway, which has brought tremendous growth to the region.
Exclusively Listed By
Listing Price: $1,404,000
Investment Highlights
- 10,800 Square Feet 100% Leased Renovated Office Space 0.5 Mile Access to U.S. Route 601 0.8 Mile Access to State Highway 49 Approximately 7 Miles to Interstate Highway 85
- Value-Add Opportunity
- Thriving Market
Investment Overview
Marcus and Millichap is pleased to present this multi-tenant industrial warehouse property located in Concord, NC. 2859 Armentrout Dr is a 10,800 square foot, steel constructed, industrial warehouse building situated on 1.0 acre lot. The property h as three loading bays, all of which offer convenient access. The property was built in 1998 and is split equally into two units, with two separate tenants. Each unit offers renovated office space and restrooms. The property is currently below market rents, presenting a strong opportunity for any future investor(s). Located in the rapidly growing city of Concord, NC, the property is at the center of a thriving market and is situated in one of the fastest-growing industrial corridors. Concord is home to roughly 108,000 people and several major employers and retailers, some of which include Atrium Health, Walmart, and Hendrick Chrysler. The region benefits from strong demographics and a prolific labor force. Also located nearby is the Charlotte Motor Speedway, which has brought tremendous growth to the region.
Exclusively Listed By
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