Charlotte Flex/Industrial Facility For Sale

6131 Old Concord Rd, Charlotte, NC

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For Sale

Contact for pricing

15,158 SF flex/industrial facility with convenient access.

Type:FLEX_R_AND_D

Property size:

15,158 SF

Lot size:

1.50 Acres

Price / SF:

$141/SF

HighLights

Strategic location with direct connectivity to multiple interstates for convenient access throughout the Charlotte MSA.
15,158 SF flex/industrial facility suitable for a variety of industrial uses.
Zoned ML‑2, allowing for a range of industrial activities.
Equipped with both a dock‑high door and a drive‑in door for versatile loading options.
Includes office space and warehouse space.
Excellent visibility along Old Concord Rd and close proximity to N. Tryon St.

We can help!

Listing Contact

Wells Herndon

For Sale

Contact for pricing

15,158 SF flex/industrial facility with convenient access.

Type:FLEX_R_AND_D

Property size:

15,158 SF

Lot size:

1.50 Acres

Price / SF:

$141/SF

Added:: Sep 5, 2024
Days on Market:: 655
Last Refresh:: May 20 at 8:28 pm

Property Features for 6131 Old Concord Rd

General Information

Standard status: Active
Size: 15,158 SF
Lot size: 1.50 Acres
Property subtype: FLEX_R_AND_D

We can help!

Listing Contact

Wells Herndon

Listing agent Wells Herndon License #NC 290205

Listing office Simpson Commercial Real Estate

Listing date Sep 5, 2024

Source Moodyscre

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 Simpson Commercial Real Estate

HighLights

Strategic location with direct connectivity to multiple interstates for convenient access throughout the Charlotte MSA.
15,158 SF flex/industrial facility suitable for a variety of industrial uses.
Zoned ML‑2, allowing for a range of industrial activities.
Equipped with both a dock‑high door and a drive‑in door for versatile loading options.
Includes office space and warehouse space.
Excellent visibility along Old Concord Rd and close proximity to N. Tryon St.

Overview

The property is a 15,158 square foot flex/industrial facility located at 6131 Old Concord Rd in Charlotte, NC. It is zoned ML-2 and includes both office space and warehouse space. The warehouse is equipped with one dock-high door and one drive-in door. The site benefits from excellent visibility along Old Concord Rd and is in close proximity to N. Tryon St and major transportation routes, ensuring convenient access throughout the greater Charlotte MSA. The strategic location of this building offers direct connectivity to multiple interstates, making it a prime opportunity for a variety of industrial uses.

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$236.5k	$15.60
− Vacancy	−$15.4k	−$1.01
EGI	$221.1k	$14.59
− OpEx	−$33.2k	−$2.19
NOI	$187.9k	$12.40

15,158 SF · lease $15.60/SF/yr · vacancy 6.50% · expense 15.00%

Alternative Uses

Best Use

Warehouse

$2.68M

$2.35M – $3.13M (±1% cap)

NOI $187,930 @ 7.0% cap · market cap 8.74%

Second Best

Flex RnD

$2.36M

$2.06M – $2.75M (±1% cap)

NOI $164,934 @ 7.0% cap · market cap 7.67%

Theoretical Best

Office A

$5.05M

$4.42M – $5.89M (±1% cap)

NOI $353,335 @ 7.0% cap · market cap 16.43%

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

Property Profile Location Intelligence

Current Use by Public Records

Measurement Controls of the Carolinas, ... Industrial Manufacturer

Suggested Use

Similar Places Nearby

JESLN's Caribbean SweetPot, LLC — 5714 Old Concord Rd Suite B, Charlotte, NC 28213

Location Insight

Map
Local Demand

City: Charlotte
County: Mecklenburg
State: North Carolina
Longitude: -80.7621
Latitude: 35.2636

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For sale
Flex space
NC
Charlotte
6131 Old Concord Rd

What type of property is this?

Flex space - 15,158 SF flex/industrial facility with convenient access.

Where is this flex space located?

The property is located at 6131 Old Concord Rd Charlotte, NC.

What is the asking price?

The asking price for this property is $2,150,000.

What are key features of this property?

This property features: Strategic location with direct connectivity to multiple interstates for convenient access throughout the Charlotte MSA.; 15,158 SF flex/industrial facility suitable for a variety of industrial uses.; Zoned ML‑2, allowing for a range of industrial activities.

6131 Old Concord Rd, Charlotte, NC

15,158 SF flex/industrial facility with convenient access.

Property Features for 6131 Old Concord Rd

General Information

We can help!

HighLights

Overview

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

University City Office Investment Package

Retail Buildings in Charlotte, NC

Versatile Condo in Prime Location

Second-Floor Office Suite with Two Offices

Flexible Office Building with Parking

Contemporary Duplex with Private Garages

Well-Maintained Duplex with Separate Driveways

Ranch-Style Duplex with Decks

Triplex with Separate ADU

East Charlotte Duplex Investment Opportunity

Duet-Style New Construction Townhome

Duplex with Private Yards

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