101 Chamandy Dr, Salisbury, NC 28146
This exceptional investment opportunity presents a 150,000-square-foot, Class A distribution warehouse located at 101 Chamandy Drive, Salisbury, NC 28146. The property, built in 2020, features a single, two-story building with 15 loading docks and is currently 100% occupied by Grainger, a national leader in maintenance supplies and inventory solutions. This strategically located facility serves the Southeastern US as one of Grainger's key distribution centers. The lease is a NNN (Net, Net, Net) agreement with a remaining term of six years and includes a 2.5% annual rent increase. The property boasts a strong net operating income (NOI) of $806,128. This is a rare opportunity to acquire a high-quality, income-producing asset with a long-term tenant in a thriving market. The property is being offered without a formal asking price, encouraging qualified investors to submit offers. Detailed financial information is available upon request. This is a turnkey investment perfect for those seeking a stable, high-return asset in the industrial sector. The property's prime location and strong tenant provide exceptional long-term value and growth potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.