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2959 Armentrout Dr
Concord, NC 28025
Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- Value-Add Opportunity: Below Market Rents & Shorter Term Leases
- 100% Leased
- Thriving Market: Concord, NC (Charlotte MSA)
- Two-Tenant Industrial Warehouse
- Site Location: Proximity to Several Major Highways & Industrial Adjacent
- Delivered 1998
EXECUTIVE SUMMARY
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 has
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.
The Charlotte MSA is one of the Southeast's premier industrial hubs, mostly due to strong population counts and growth, favorable economic environment, and
convenient highway/road systems.
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 has
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.
The Charlotte MSA is one of the Southeast's premier industrial hubs, mostly due to strong population counts and growth, favorable economic environment, and
convenient highway/road systems.
PROPERTY FACTS
PROPERTY TAXES
| Parcel Number | 5539-05-1344-0000 | Improvements Assessment | $668,809 CAD |
| Land Assessment | $239,106 CAD | Total Assessment | $907,915 CAD |
PROPERTY TAXES
Parcel Number
5539-05-1344-0000
Land Assessment
$239,106 CAD
Improvements Assessment
$668,809 CAD
Total Assessment
$907,915 CAD
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