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139 Business Park Dr 41,936 SF Industrial Building Indian Trail, NC 28079 For Sale
INVESTMENT HIGHLIGHTS
- Fully leased to global manufacturer Assa Abloy with near-term lease rollover
- Direct access to I-485, Monroe Expressway, and Charlotte-Monroe Executive Airport
- Positioned for income stability and future rent growth
- Located in Union County, Charlotte’s lowest-vacancy industrial submarket
- 13% office buildout, dock-high and drive-in loading, dual power services
EXECUTIVE SUMMARY
Located in the thriving industrial corridor of southeast Charlotte, 139 Business Park Drive presents a compelling opportunity to acquire a fully leased, single-tenant industrial asset in Union County—Charlotte’s tightest submarket with the lowest vacancy rate. This 41,936 SF facility is leased to Assa Abloy, a global leader in access solutions, offering stable income with 1.4 years of remaining lease term and near-term upside potential.
Built in 1993 and situated on 2.81 acres, the property features 5,320 SF of office space (13% of total), 14'–16' clear heights, three dock-high doors, one drive-in door, and 31 parking spaces. The insulated steel frame structure with brick exterior and concrete truck court supports efficient operations. Dual power services and HVAC coverage across 68% of the warehouse enhance tenant functionality.
Strategically positioned in Indian Trail, NC, the site benefits from direct access to I-485 and the Monroe Expressway, placing it within 25 minutes of Charlotte Douglas International Airport and Uptown Charlotte. The area is supported by a deep labor pool and robust infrastructure, including the Charlotte-Monroe Executive Airport with international customs access—an asset for multinational firms.
Union County’s industrial market is experiencing rapid growth, with 1.75M SF of new product expected in the next two years. Vacancy rates have averaged just 2% over the past three years, and rental rates have surged nearly 30%, underscoring strong tenant demand and institutional interest.
Built in 1993 and situated on 2.81 acres, the property features 5,320 SF of office space (13% of total), 14'–16' clear heights, three dock-high doors, one drive-in door, and 31 parking spaces. The insulated steel frame structure with brick exterior and concrete truck court supports efficient operations. Dual power services and HVAC coverage across 68% of the warehouse enhance tenant functionality.
Strategically positioned in Indian Trail, NC, the site benefits from direct access to I-485 and the Monroe Expressway, placing it within 25 minutes of Charlotte Douglas International Airport and Uptown Charlotte. The area is supported by a deep labor pool and robust infrastructure, including the Charlotte-Monroe Executive Airport with international customs access—an asset for multinational firms.
Union County’s industrial market is experiencing rapid growth, with 1.75M SF of new product expected in the next two years. Vacancy rates have averaged just 2% over the past three years, and rental rates have surged nearly 30%, underscoring strong tenant demand and institutional interest.
PROPERTY FACTS
| Sale Type | Investment | Year Built | 1993 |
| Property Type | Industrial | Tenancy | Single |
| Building Class | C | Parking Ratio | 0.74/1,000 SF |
| Lot Size | 2.81 AC | Clear Ceiling Height | 16’ |
| Rentable Building Area | 41,936 SF | No. Dock-High Doors/Loading | 3 |
| No. Stories | 1 | No. Drive In / Grade-Level Doors | 1 |
| Zoning | GBD - General Business District | ||
| Sale Type | Investment |
| Property Type | Industrial |
| Building Class | C |
| Lot Size | 2.81 AC |
| Rentable Building Area | 41,936 SF |
| No. Stories | 1 |
| Year Built | 1993 |
| Tenancy | Single |
| Parking Ratio | 0.74/1,000 SF |
| Clear Ceiling Height | 16’ |
| No. Dock-High Doors/Loading | 3 |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | GBD - General Business District |
UTILITIES
- Lighting - Fluorescent
PROPERTY TAXES
| Parcel Number | 07-084-412 | Improvements Assessment | $2,080,396 CAD |
| Land Assessment | $512,384 CAD | Total Assessment | $2,592,780 CAD |
PROPERTY TAXES
Parcel Number
07-084-412
Land Assessment
$512,384 CAD
Improvements Assessment
$2,080,396 CAD
Total Assessment
$2,592,780 CAD
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