For Sale
$7,900,000

3508 Robinson Cir Charlotte, NC 28206

8.84-acre industrial lot, high NOI.

Overview

Added:
Dec 11, 2024
Days on market:
127

Highlights

  • 8.84-acre industrial property in Charlotte, NC, at 3508 Robinson Cir.
  • Currently 100% occupied with a net lease, generating $418,400 NOI (5.30% cap rate), and projecting $624,000 NOI (7.90% cap rate).
  • 1,800 SF building on two adjacent parcels, zoned ML-2 for outside storage or truck terminal use.
  • Lease expires September 30, 2026, with 2% annual rent increases; tenant interested in extension.
  • Recent improvements include LED lighting, video surveillance, updated utilities, and new fencing with electric gates.

Property Details for 3508 Robinson Cir

Property type
Land, Industrial properties
Square Feet
1,800 SF
Lot Size (sq. ft)
385,070 SF

Location Insight

City
Charlotte
County
Mecklenburg
State
North Carolina
Latitude
35.257267279954
Longitude
-80.811069865282
3508 Robinson Cir, Charlotte, North Carolina
Leaflet | © OpenStreetMap contributors

FAQs

What type of property is this?
Land - 8.84-acre industrial lot, high NOI.
Where is the land located?
The property is located at 3508 Robinson Cir Charlotte, NC.
What is the asking price?
The asking price for this property is $7,900,000.
What are key features of this property?
This property features: 8.84-acre industrial property in Charlotte, NC, at 3508 Robinson Cir.; Currently 100% occupied with a net lease, generating $418,400 NOI (5.30% cap rate), and projecting $624,000 NOI (7.90% cap rate).; 1,800 SF building on two adjacent parcels, zoned ML-2 for outside storage or truck terminal use.
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3508 Robinson Cir
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