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Proposed Industrial Development in Rowan
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505 Grace Church Rd, Salisbury, NC 28147

293,918 SF industrial space for lease near I-85.

Space Size293,918 SF
Days on Market256

Property Features for 505 Grace Church Rd

General Information

Standard status Active
Size 293,918 SF
Property subtype Industrial

Building Details

Building Size 293,918 SF

Spaces For Lease

at 505 Grace Church Rd Contact us

505 Grace Church Rd., Salisbury, NC

Size
293,918 SF
Type
Warehouse/Distribution
Term
Negotiable
Rate
Contact for pricing
Contact us
Listing Agency:
Listed By: Bill Wood · License #NC #149840
Source: Trinity-partners
Added: Nov 26, 2025 Changed: Aug 8 Last Checked: Aug 9 at 5:52AM

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 Bill Wood

Investment Insights

Based on property information with market context.

This proposed industrial development is located in Rowan County. The building, with a size of 293,918 square feet, is divisible and ready for construction, having already been designed, fully approved, and priced. The site is graded and shovel ready, with construction potentially completed within 10 months after lease execution. Office space is build-to-suit. The building features a 36-foot clear height, 49 dock-high doors, and 6 drive-in doors. It is equipped with an ESFR sprinkler system. The building dimensions are 988 feet by 310 feet, situated on a 34.15-acre site. The floor is a 4,000 PSI slab with a 10 mil vapor barrier, and the roof is a 45 mil mechanically fastened TPO. Additional parking is available on a 1.7-acre lot for cars and trailers. Strategically positioned just 2.2 miles from I-85, Grace Logistics offers quick access to I-485, Uptown Charlotte, and Greensboro, making it an ideal location for logistics or manufacturing users seeking speed-to-market and regional connectivity.

Key Highlights

  • Shovel‑ready site with all approvals in place, enabling immediate construction
  • Strategic location just 2.2 miles from I‑85, providing excellent regional connectivity to Charlotte and Greensboro
  • Rapid construction timeline: Completion possible within 10 months of lease execution

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Dental Office Restaurant Auto Repair Shop Hair Salon Pharmacy Kitchen & Bath Showroom

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

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

47
Businesses Nearby
Well-served
Demand for This Use

Demographics for 28147, NC

26,618
Population
10,095
Households
2.6
Avg Household Size
40
Median Age
19%
College-Educated
86%
High-School Grad
77.6 sq mi
ZIP Area
343
Density / Sq Mi
$59,770
Median Household Income
$36,118
Median Earnings
$1,036
Median Rent
$241,600
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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Similar Off Market Nearby

  • Public Storage 125 Grace Church Rd, Salisbury, NC 28147

Frequently Asked Questions

What type of property is this?
Warehouse - 293,918 SF industrial space for lease near I-85.
Where is this warehouse located?
The property is located at 505 Grace Church Rd Salisbury, NC.
What are key features of this property?
This property features: Shovel‑ready site with all approvals in place, enabling immediate construction; Strategic location just 2.2 miles from I‑85, providing excellent regional connectivity to Charlotte and Greensboro; Rapid construction timeline: Completion possible within 10 months of lease execution
More about this property
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