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Flex Industrial Campus

443 Pitts School Road NW, Concord, NC 28027

For Sale
New
Contact for pricing

One building has a triple-net tenant, while the second is expected to be vacant at closing.

Property SizeContact for details
Lot Size7.98 Acres
Days on Market5

Property Features for 443 Pitts School Road NW

General Information

Standard status Active
Lot size 7.98 Acres
Property subtype Industrial

Site & Location

Highway Access Yes
Road Access Yes

Warehouse & Industrial

Clear Height 18 ft
Voltage 480 V

Additional Details

Tenant in Place Yes
Property Use Flex, Light Manufacturing

Building Details

Buildings 2
Listing Agency: Ardor Commercial Advisors
Listed By: Kelly Riddle · License #337565
Source: Crexi
Added: Nov 5 Changed: Nov 8 Last Checked: Nov 8 at 5:47PM

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 Ardor Commercial Advisors

Rey
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Investment Insights

Based on property information with market context.

This 7.98-acre flex property in Concord comprises two industrial buildings. The 22,500-square-foot first building houses Concord Pickleball, an eight-court indoor facility with climate control and professional court lighting, under a triple-net lease. The second building, offering 23,500 square feet of flex space, is expected to be vacant at closing. Building features include 14- to 18-foot ceilings, drive-in loading and 480-volt power. The site also includes approximately two to three acres of graded excess land.

The campus is at the corner of Pitts School Road NW and Weddington Road NW, about half a mile from the I-85 corridor. Nearby uses include a Walmart trailer and transportation yard, multi-tenant flex buildings, self-storage and service-industrial businesses. The property is in west Concord, within the Charlotte metropolitan area.

Key Highlights

  • 7.98‑acre site with two industrial buildings
  • 22,500‑square‑foot building leased to Concord Pickleball on a triple‑net basis
  • Second building provides 23,500 square feet and is expected to be vacant at closing

Property Analytics

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Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Restaurant Hair Salon Pharmacy Spa & Massage Center Law Firm

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

18 ft
Clear height
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

225
Businesses Nearby
Under-served
Demand for This Use

Demographics for 28027, NC

76,478
Population
31,450
Households
2.4
Avg Household Size
36
Median Age
43%
College-Educated
92%
High-School Grad
69.0 sq mi
ZIP Area
1,108
Density / Sq Mi
$89,101
Median Household Income
$48,976
Median Earnings
$1,433
Median Rent
$341,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
Flex space - One building has a triple-net tenant, while the second is expected to be vacant at closing.
Where is this flex space located?
The property is located at 443 Pitts School Road NW Concord, NC.
What is the asking price?
The asking price for this property is $9,000,000.
What are key features of this property?
This property features: 7.98‑acre site with two industrial buildings; 22,500‑square‑foot building leased to Concord Pickleball on a triple‑net basis; Second building provides 23,500 square feet and is expected to be vacant at closing
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