Huntersville Warehouse Space
For Sale
Contact for pricing
9730 Northcross Center Ct, Huntersville, NC 28078
61,054 SF warehouse in Huntersville, North Carolina for sale.
Property Size61,054 SF
Price / SF$162.97
Days on Market105
Property Features for 9730 Northcross Center Ct
General Information
Standard status
Active
Size
61,054 SF
Property subtype
INDUSTRIAL
Listing Agency:
CBRE | Charlotte
(704) 376-7979
Listed By:
Anne Johnson
(704) 331-1278
Source:
Moodyscre
Added: May 21
Changed: Aug 8
Last Checked: Sep 1 at 8:27PM
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 CBRE | Charlotte
Investment Insights
Based on property information with market context.
This commercial real estate offering features a 61,054 square-foot warehouse located in Huntersville, North Carolina. The property is suitable for warehouse and industrial use.
Key Highlights
- 61,054 SF warehouse
- Located in Huntersville, North Carolina
- Property is for sale
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$415,686
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.18%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$8,313,720
$8.3M
Cap Rate 7%
$5,938,371
$5.9M
Cap Rate 9%
$4,618,733
$4.6M
Market Conditions
NOI Build-Up for 61,054 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$549.5K $9.00/SF
− Vacancy
−$60.4K −$0.99/SF
EGI
$489.0K $8.01/SF
− OpEx
−$73.4K −$1.20/SF
NOI
$415.7K $6.81/SF
Area
Mecklenburg County, NC
Vacancy
11.00%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$8,313,720
Cap Rate 7%
$5,938,371
Cap Rate 9%
$4,618,733
Alternative Uses
Best Use
Warehouse
$5.94M
$5.20M – $6.93M
NOI $415,686 @ 7.0% cap · market cap 4.18%
Second Best
Industrial
$4.89M
$4.28M – $5.71M
NOI $342,330 @ 7.0% cap · market cap 3.44%
Theoretical Best
Office A
$19.73M
$17.26M – $23.02M
NOI $1,380,977 @ 7.0% cap · market cap 13.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
992
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 28078, NC
67,863
Population
27,659
Households
2.5
Avg Household Size
37
Median Age
56%
College-Educated
97%
High-School Grad
63.7 sq mi
ZIP Area
1,065
Density / Sq Mi
$120,503
Median Household Income
$67,055
Median Earnings
$1,722
Median Rent
$441,700
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Warehouse - 61,054 SF warehouse in Huntersville, North Carolina for sale.
Where is this warehouse located?
The property is located at 9730 Northcross Center Ct Huntersville, NC.
What is the asking price?
The asking price for this property is $9,950,000.
What are key features of this property?
This property features: 61,054 SF warehouse; Located in Huntersville, North Carolina; Property is for sale
