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3603-3619 Gribble Rd Matthews, NC 28104

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For Sale
$6,999,000

Five-building industrial portfolio with stable occupancy and significant upside potential.

Property size:
67,003 SF
Lot size:
4.99 Acres

Property Features for 3603-3619 Gribble Rd

General Information

Size
67,003 SF
Lot size
4.99 Acres

Source: KW Commercial-Ballantyne Agent Matthew C. Hagler

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Multi-Tenant Industrial Portfolio For Sale

This multi-tenant industrial portfolio features five well-maintained buildings. The property is strategically located in a high-demand industrial corridor. It offers immediate cash flow with the potential to increase Net Operating Income (NOI) through rental rate adjustments. Current in-place rents are below market, providing investors with a path to value creation. As leases renew or roll over, there is potential to bring rents to market levels, enhancing long-term returns. The property is ideal for investors seeking a low-risk, high-upside asset. The portfolio benefits from strong regional demand, functional building layouts, and flexible tenant configurations. The property encompasses a total area of 67003 square feet.
Location Intelligence

Current Use by Public Records

Warehouses

Suggested Use

Restaurant Realty agency Law Firm Dental Office Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Matthews
County
Mecklenburg
State
North Carolina
Longitude
-80.677663
Latitude
35.08285

FAQs

What type of property is this?
Industrial property - Five-building industrial portfolio with stable occupancy and significant upside potential.
Where is this industrial property located?
The property is located at 3603-3619 Gribble Rd Matthews, NC.
What is the asking price?
The asking price for this property is $6,999,000.
What are key features of this property?
This property features: - Immediate cashflow with potential to dramatically increase Net Operating Income (NOI).; - Significant upside through rental rate adjustments to market levels.; - Stable occupancy in a high-demand industrial corridor.
More about this property
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