1118 W Craighead Rd - Warehouse FOR SALE


Charlotte, NC 28206
$10,900,000 USD
704-500-2266
1118 W Craighead Rd, Charlotte, NC for Sale
$10,900,000 USD
Warehouse - FOR SALE
1/30
null | 5.84% Cap Rate

1118 W Craighead Rd
Charlotte, NC 28206


HIGHLIGHTS

  • The industrial building is situated in a highly desirable location in Charlotte, offering easy access to key transportation routes and amenities.
  • The property is fully leased to Palfinger, a credit tenant, providing a stable and reliable income stream for potential investors.
  • Located in an Opportunity Zone, investors can take advantage of tax incentives and capital gains benefits.
  • The building's power system was updated, ensuring modern infrastructure and increased efficiency for tenants.

OVERVIEW

This investment opportunity for single tenant industrial asset. Great for 1031 exchange client.

FOR SALE DETAILS

PRICE

$10,900,000 USD

PRICE/SF

$292 USD /SF

CAP RATE

5.84%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1981

UTILITIES

Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

25 Ft

DOCKS

-

DRIVE INS

17

PARKING SPACES

145

LAND DETAILS

LAND ACRES

5.78

LAND SF

251,777

ZONING

ML-2

APN/PARCEL ID

087-041-20

ASK ABOUT THIS PROPERTY

Yuriy VaynshteynEngel & Volkers South CharlotteMore Info
704-500-2266

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Yuriy VaynshteynEngel & Volkers South CharlotteMore Info
704-500-2266

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.