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Multi-Tenant Industrial Warehouse
For Sale
$2,600,000

1032 Central Drive NW, Concord, NC 28027

Stabilized industrial property with three in-place tenants and 100% occupancy on a small acreage site.

Property Size1 SF
Days on Market54

Property Features for 1032 Central Drive NW

General Information

Standard status Active
Size 1 SF
Property subtype Industrial

Amenities

Size: 1.16, Size Units: Acres
Description: Chain Link, Fenced, Full
Days on Market: 3, Listing Price: 2600000, Status: Active
Stories: 1, Year Built: 1998, Construction Type: Site Built
City: Concord, State: NC, Zip: 28027, County: Cabarrus
Auction Y/N: 0

Building Details

Building Size 1 SF
Year Built 1998
Listing Agency: Century 21 Providence Realty
Listed By: Pat Flanagan
Source: Blackstreaminternational
Added: Jul 10 Changed: Aug 31 Last Checked: Aug 31 at 4:01PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Providence Realty

Investment Insights

Based on property information with market context.

This stabilized, multi-tenant industrial investment offers approximately 15,980 square feet on ±1.15 acres and is 100% occupied by three established tenants. The property is being marketed based on approximately $159,745 Proforma annual Net Operating Income (NOI), providing in-place cash flow.

The asset is located at 1032 Central Drive NW in Concord, North Carolina, and is described as being just minutes from Interstate 85. That location is intended to provide connectivity to Charlotte, Concord, Kannapolis, and surrounding industrial markets, supporting access to regional distribution networks.

With a diversified in-place tenant mix, the property is presented as an income-focused industrial option positioned within one of Cabarrus County’s established industrial corridors.

Key Highlights

  • 100% occupied multi‑tenant industrial property with three established in‑place tenants
  • Approximately 15,980 SF on ±1.15 acres
  • 1998 construction year

Property Analytics

Current Use

Carolina Precision Switchgear Engineer

Suggested Use

Top Pick Law Firm HVAC Service Grocery & Convenience Store Furniture & Home Goods Locksmith Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,165
Businesses Nearby
Balanced
Demand for This Use

Demographics for 28027, NC

76,478
Population
31,450
Households
2.4
Avg Household Size
36
Median Age
43%
College-Educated
92%
High-School Grad
69.0 sq mi
ZIP Area
1,108
Density / Sq Mi
$89,101
Median Household Income
$48,976
Median Earnings
$1,433
Median Rent
$341,900
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Warehouse - Stabilized industrial property with three in-place tenants and 100% occupancy on a small acreage site.
Where is this warehouse located?
The property is located at 1032 Central Drive NW Concord, NC.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: 100% occupied multi‑tenant industrial property with three established in‑place tenants; Approximately 15,980 SF on ±1.15 acres; 1998 construction year
More about this property
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