Flex Space with Warehouse
For Sale
Contact for pricing
5520 Cannon Drive, Monroe, NC 28110
Multi-unit commercial property with warehouse areas, one vacant unit, and lease flexibility for an owner-user or tenant.
Property SizeContact for details
Days on Market66
Property Features for 5520 Cannon Drive
General Information
Standard status
Active
Property subtype
Industrial
Additional Details
Gross Income
$71,040
Clear Height
20 ft
Building Details
Tenancy
Multi
Listing Agency:
Coldwell Banker Commercial Realty
Listed By:
Peter Rieke · License #NC 292618 and SC 100374S
(704) 575-1993
Source:
Crexi
Added: Aug 31
Changed: Oct 25
Last Checked: Nov 3 at 6:53AM
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 Coldwell Banker Commercial Realty
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Investment Insights
Based on property information with market context.
This flex space property includes four total units, with Units 103 and 104 configured as a double unit occupied by one tenant. Unit 102 is vacant and provides 1,950 SF downstairs along with 500 SF upstairs, creating options for an owner-user or a new occupant. Warehouse portions offer 20' ceiling heights suited to storage and industrial operations.
Units 101 and 103/104 are under carry-over leases, allowing a purchaser to evaluate future lease arrangements. The property currently generates gross rental income from Units 101 and 103/104. Located at 5520 Cannon Drive in Monroe, North Carolina, the property combines existing tenancy with available space and multiple unit configurations.
Units 101 and 103/104 are under carry-over leases, allowing a purchaser to evaluate future lease arrangements. The property currently generates gross rental income from Units 101 and 103/104. Located at 5520 Cannon Drive in Monroe, North Carolina, the property combines existing tenancy with available space and multiple unit configurations.
Key Highlights
- Four total units, including double unit 103/104 leased to one tenant
- Unit 102 includes 1,950 SF downstairs and 500 SF upstairs
- 20' ceiling heights in warehouse sections
Property Analytics
Who owns this building?
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Current Use
Lease Details
20 ft
Clear height
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
470
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 28110, NC
53,316
Population
20,236
Households
2.6
Avg Household Size
37
Median Age
24%
College-Educated
87%
High-School Grad
127.4 sq mi
ZIP Area
418
Density / Sq Mi
$81,221
Median Household Income
$41,425
Median Earnings
$1,313
Median Rent
$302,600
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- The Mobile Pour — 5880 W Hwy 74, Indian Trail, NC 28079
Frequently Asked Questions
What type of property is this?
Flex space - Multi-unit commercial property with warehouse areas, one vacant unit, and lease flexibility for an owner-user or tenant.
Where is this flex space located?
The property is located at 5520 Cannon Drive Monroe, NC.
What is the asking price?
The asking price for this property is $1,795,000.
What are key features of this property?
This property features: Four total units, including double unit 103/104 leased to one tenant; Unit 102 includes 1,950 SF downstairs and 500 SF upstairs; 20' ceiling heights in warehouse sections
