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    741 Wilshire Ave SW Concord, NC 28027

    For Sale
    $1,158,000

    Warehouse and office space in Concord, NC for sale.

    Property size:
    5,777 SF
    Lot size:
    0.61 Acres

    Property Features for 741 Wilshire Ave SW

    General Information

    Size
    5,777 SF
    Lot size
    0.61 Acres

    Source: Whiteside Properties Agent Thomas Hipp

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

    Overview

    Concord Warehouse and Office Space

    This property at 741 Wilshire Avenue SW in Concord, NC, is available as a sale-leaseback. It includes two buildings with a total area of approximately 5,777 square feet, featuring both warehouse and office spaces. The warehouse provides approximately 3,680 square feet of space, with two drive-in doors and clear span construction. Utilities are available in the warehouse. The office space measures approximately 2,097 square feet and is fully conditioned, including one restroom. The property is offered at $1,158,000, which represents a 7.25% capitalization rate. The leaseback is structured as a five-year absolute net lease at $7,000 per month, with 3% annual increases. The lease includes renewal options and assigns no landlord responsibilities. The property is located in the growing Concord submarket near Charlotte, offering stable cash flow.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Providence Plumbing, LLC Plumber

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

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

    Similar Places Nearby

    Concord Industrial Parking & Storage, Denmar Public Warehouse, All About Storage, Affordable Storage, LLC.

    Location Insight

    • Map
    • Local Demand
    City
    Concord
    County
    Cabarrus
    State
    North Carolina
    Longitude
    -80.5973888
    Latitude
    35.376489

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    FAQs

    What type of property is this?
    Warehouse - Warehouse and office space in Concord, NC for sale.
    Where is this warehouse located?
    The property is located at 741 Wilshire Ave SW Concord, NC.
    What is the asking price?
    The asking price for this property is $1,158,000.
    What are key features of this property?
    This property features: - Five-year absolute net leaseback at $7,000/month with 3% annual increases provides stable cash flow.; - Offered at $1,158,000 with a 7.25% capitalization rate.; - Two buildings totaling +/- 5,777 SF with warehouse and office space.
    (704) 347-4676
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    741 Wilshire Ave SW Concord, NC 28027
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    Concord, NC 28027
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    741 Wilshire Ave SW Concord, NC 28027
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