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Faits saillants de l'investissement
- In-place NNN income with a specialty tenant that invested heavily in the space
- ±46,000 SF of building on 7.98 acres.
- Established industrial location on the I-85 corridor
- 23,500 SF of lease-up in a 5.5%-vacancy market segment
- Functional flex specifications built for real users
- Two buildings, one basis - divisible exit optionality
Résumé de l'annonce
443 Pitts School Road Concord NC 28027
Concord Pickleball
22,500 sf building
Triple Net lease
Tenant pays all utilities
City utilities
(3) 12’ x 14’ Drive In Doors
Own a stabilized, income-producing industrial asset in one of the Charlotte metro's fastest-growing submarkets. This 22,500 SF building at 443 Pitts School Rd NW is fully leased to Concord Pickleball, LLC under a triple-net (NNN) lease. The tenant handles taxes, insurance, and maintenance, delivering a true passive-income opportunity for a 1031 exchange buyer or net-lease investor. The property is zoned I-1 (Light Industrial) and is part of an 8-acre two-property industrial portfolio.
The property sits in the Concord, NC / Cabarrus County industrial corridor, just minutes from I-85 and within easy reach of US-29 — placing it firmly inside the Charlotte-region growth belt. The immediate area is benefiting from major investment, including Eli Lilly's expanding manufacturing workforce, Red Bull's $1.5B “The Grounds at Concord” campus, and multi-hundred-million-dollar expansions from Atrium Health Cabarrus and Novant Health. The site is also close to Concord Regional Airport, Charlotte Motor Speedway, and Concord Mills, and within a short drive of Uptown Charlotte — giving tenants and future users strong regional access and visibility.
Available individually or together with the adjacent 7089 Weddington Rd industrial building as a two-property, 8-acre portfolio.
7089 Weddington Road, Concord, NC 28027 (this is the one that had the different SF on the previous listing).
23,500 +- sf
Office space: 2,600 +- sf
Ceilings 14-18 feet
(3) 12' x 14' Drive in Dock Doors
(1) Drive in Dock Door 12' x 12'
(1) Drive up to elevated Dock 9' x 9'
Property Description (Public)
A rare opportunity to acquire a 23,500 SF industrial building, zoned I-1 (Light Industrial), delivered vacant at closing. Ideal for an owner-user looking to occupy immediately, or an investor targeting value-add lease-up in a submarket with strong tailwinds. The property is part of an 8-acre two-property industrial portfolio in Concord's core industrial corridor.
Located just minutes from I-85 and within easy reach of US-29, the property sits squarely in the Charlotte-region growth belt. The surrounding Concord / Cabarrus County market is benefiting from major investment, including Eli Lilly's expanding manufacturing workforce, Red Bull's $1.5B “The Grounds at Concord” campus, and multi-hundred-million-dollar expansions from Atrium Health Cabarrus and Novant Health. The site is also close to Concord Regional Airport, Charlotte Motor Speedway, and Concord Mills, and within a short drive of Uptown Charlotte.
Available individually or together with the income-producing 443 Pitts School Rd NW property as a two-property, 8-acre portfolio.
Location Highlights:
-Minutes from I-85 and close to US-29 — inside the Charlotte-region growth belt
-Near Eli Lilly's expanding manufacturing campus and Red Bull's $1.5B “The Grounds at Concord”
-Close to Atrium Health Cabarrus and Novant Health's major hospital expansions
-Near Concord Regional Airport, Charlotte Motor Speedway, and Concord Mills
-Short drive to Uptown Charlotte
Concord Pickleball
22,500 sf building
Triple Net lease
Tenant pays all utilities
City utilities
(3) 12’ x 14’ Drive In Doors
Own a stabilized, income-producing industrial asset in one of the Charlotte metro's fastest-growing submarkets. This 22,500 SF building at 443 Pitts School Rd NW is fully leased to Concord Pickleball, LLC under a triple-net (NNN) lease. The tenant handles taxes, insurance, and maintenance, delivering a true passive-income opportunity for a 1031 exchange buyer or net-lease investor. The property is zoned I-1 (Light Industrial) and is part of an 8-acre two-property industrial portfolio.
The property sits in the Concord, NC / Cabarrus County industrial corridor, just minutes from I-85 and within easy reach of US-29 — placing it firmly inside the Charlotte-region growth belt. The immediate area is benefiting from major investment, including Eli Lilly's expanding manufacturing workforce, Red Bull's $1.5B “The Grounds at Concord” campus, and multi-hundred-million-dollar expansions from Atrium Health Cabarrus and Novant Health. The site is also close to Concord Regional Airport, Charlotte Motor Speedway, and Concord Mills, and within a short drive of Uptown Charlotte — giving tenants and future users strong regional access and visibility.
Available individually or together with the adjacent 7089 Weddington Rd industrial building as a two-property, 8-acre portfolio.
7089 Weddington Road, Concord, NC 28027 (this is the one that had the different SF on the previous listing).
23,500 +- sf
Office space: 2,600 +- sf
Ceilings 14-18 feet
(3) 12' x 14' Drive in Dock Doors
(1) Drive in Dock Door 12' x 12'
(1) Drive up to elevated Dock 9' x 9'
Property Description (Public)
A rare opportunity to acquire a 23,500 SF industrial building, zoned I-1 (Light Industrial), delivered vacant at closing. Ideal for an owner-user looking to occupy immediately, or an investor targeting value-add lease-up in a submarket with strong tailwinds. The property is part of an 8-acre two-property industrial portfolio in Concord's core industrial corridor.
Located just minutes from I-85 and within easy reach of US-29, the property sits squarely in the Charlotte-region growth belt. The surrounding Concord / Cabarrus County market is benefiting from major investment, including Eli Lilly's expanding manufacturing workforce, Red Bull's $1.5B “The Grounds at Concord” campus, and multi-hundred-million-dollar expansions from Atrium Health Cabarrus and Novant Health. The site is also close to Concord Regional Airport, Charlotte Motor Speedway, and Concord Mills, and within a short drive of Uptown Charlotte.
Available individually or together with the income-producing 443 Pitts School Rd NW property as a two-property, 8-acre portfolio.
Location Highlights:
-Minutes from I-85 and close to US-29 — inside the Charlotte-region growth belt
-Near Eli Lilly's expanding manufacturing campus and Red Bull's $1.5B “The Grounds at Concord”
-Close to Atrium Health Cabarrus and Novant Health's major hospital expansions
-Near Concord Regional Airport, Charlotte Motor Speedway, and Concord Mills
-Short drive to Uptown Charlotte
Faits sur la propriété
| Type de vente | Investissement ou propriétaire utilisateur | Individuellement en vente | 0 |
| Statut | Actif | Taille totale du bâtiment | 46 000 pi² |
| Nombre de propriétés | 2 | Superficie totale du terrain | 5,16 AC |
| Type de vente | Investissement ou propriétaire utilisateur |
| Statut | Actif |
| Nombre de propriétés | 2 |
| Individuellement en vente | 0 |
| Taille totale du bâtiment | 46 000 pi² |
| Superficie totale du terrain | 5,16 AC |
Propriétés
| Nom de la propriété/adresse | Type de propriété | Taille | Année de construction | Prix individuel |
|---|---|---|---|---|
| 7089 Weddington Rd NW, Concord, NC 28027 | Industriel | 23 500 pi² | 1996 | - |
| 443 Pitts School Rd, Concord, NC 28027 | Industriel | 22 500 pi² | 1992 | - |
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±46,000 SF of buildings on 7.98 acres
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