Flex Space with Open
New
For Sale
Contact for pricing
2035 Wilshire Court SW, Concord, NC 28025
A dedicated work area is complemented by customer reception, office space and overhead vehicle access.
Property Size20,001 SF
Lot Size0.77 Acres
Price / SF$1.12
Days on Market5
Property Features for 2035 Wilshire Court SW
General Information
Standard status
Active
Size
20,001 SF
Lot size
0.77 Acres
Property subtype
Industrial
Zoning
I-1
Site & Location
Neighborhood
Logn
Additional Details
Drive-In Doors
3
Amenities
Additional parcels description:, Parcel Number: 5529-78-5879-0000, Assessed Value: $390,840
Listing ID: CAR4436241, Standard Status: Active, MLS Status: Active, Property Subtype: Industrial
6 total parking spaces
Built in 2000, 1 building
County/Parish: Cabarrus
1 total bathroom
All Utilities
Road Responsibility: Publicly Maintained Road, Road Surface: Paved
Building Details
Building Size
20,001 SF
Year Built
2000
Construction
steel frame
Listing Agency:
JLF Management Group LLC
(704) 707-0602
Listed By:
Sam Cowles
(704) 707-4656
Source:
Blackstreaminternational
Added: Oct 26
Changed: Oct 29
Last Checked: Oct 28 at 3:47PM
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 JLF Management Group LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2000, this 2,682-square-foot flex property sits on approximately 0.77 acres and has I-1 industrial zoning. The interior includes an open workshop, a reception and waiting area, two offices and one bathroom. Three overhead garage doors provide vehicle entry, while a paved exterior area supports parking and maneuvering. Steel-frame construction is also noted.
The property is near Highway 601, US-29 and the I-85 corridor. The lease structure is modified gross, and availability is stated as November 1, 2026. Proposed uses are subject to zoning requirements and landlord approval.
The property is near Highway 601, US-29 and the I-85 corridor. The lease structure is modified gross, and availability is stated as November 1, 2026. Proposed uses are subject to zoning requirements and landlord approval.
Key Highlights
- 2,682 SF flex building on approximately 0.77 acres
- I‑1 industrial zoning
- Open workshop with three overhead garage doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,683
Suggested Prices Based on Cap Rates
Cap Rate 5%
$513,660
$513.7K
Cap Rate 7%
$366,900
$366.9K
Cap Rate 9%
$285,367
$285.4K
Market Conditions
NOI Build-Up for 2,682 SF
Gross rent
$38.3K $14.28/SF
− Vacancy
−$1.6K −$0.60/SF
EGI
$36.7K $13.68/SF
− OpEx
−$11.0K −$4.10/SF
NOI
$25.7K $9.58/SF
Area
Concord, NC
Vacancy
4.20%
Lease Rate
$14.28 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$513,660
Cap Rate 7%
$366,900
Cap Rate 9%
$285,367
Alternative Uses
Best Use
Flex RnD
$463.5K
$405.6K – $540.8K
NOI $32,446 @ 7.0% cap · market cap 1,083.34%
Second Best
Warehouse
$457.7K
$400.5K – $534.0K
NOI $32,040 @ 7.0% cap · market cap 1,069.78%
Theoretical Best
Specialty Retail
$730.9K
$639.5K – $852.7K
NOI $51,160 @ 7.0% cap · market cap 1,708.18%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
3
Drive-in doors
Location Intelligence
Trade Area within ½ mile
218
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 28025, NC
58,260
Population
23,759
Households
2.5
Avg Household Size
38
Median Age
33%
College-Educated
91%
High-School Grad
108.4 sq mi
ZIP Area
537
Density / Sq Mi
$79,271
Median Household Income
$43,167
Median Earnings
$1,223
Median Rent
$264,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Pristine Catering & Events — 165 Wilshire Ave SW, Concord, NC 28025
Frequently Asked Questions
What type of property is this?
Flex space - A dedicated work area is complemented by customer reception, office space and overhead vehicle access.
Where is this flex space located?
The property is located at 2035 Wilshire Court SW Concord, NC.
What are key features of this property?
This property features: 2,682 SF flex building on approximately 0.77 acres; I‑1 industrial zoning; Open workshop with three overhead garage doors
