Property profile

9825 Northcross Center Ct Huntersville, NC 28078

FOR LEASE
Industrial properties
Property ID
US53-0175784
40,000 SF 3.04 ac lot Built 2003
Entity Owned 5-yr Hold Free & Clear
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9825 Northcross Center Ct, Huntersville, NC 28078 For Lease
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9825 Northcross Center Ct, Huntersville, NC 28078
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Property summary

AI-generated overview

Northcross 1 offers a unique opportunity to lease 7,200 square feet of immediately available space within a larger 40,000 square foot multi-use building complex in Mecklenburg County's North submarket. This end-cap unit, situated in a two-building complex constructed in 2002, boasts a desirable blend of office and industrial space, perfect for a variety of businesses. The suite features approximately 5,899 square feet of office space, complemented by ample warehouse space. High ceilings, measuring 18 feet clear, provide exceptional vertical storage capacity. Two dock-high doors ensure efficient loading and unloading of goods, streamlining operations. The unit's end-cap location provides substantial glass frontage, maximizing natural light and creating a bright, inviting atmosphere. Its strategic location offers easy access to I-77, providing convenient transportation links for employees and clients. The property is a single-tenant building, offering a unique opportunity for a business seeking a prominent location with excellent visibility and functionality. This versatile space is ideal for businesses requiring a combination of office and warehouse functionality, offering a seamless blend of modern amenities and efficient logistics. The property's single-story design simplifies operations and enhances accessibility.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 2003
Total area 40,000 SF
Lot 3.04 ac (132,422 SF)
Zoning code CBCD
APN 504234
UPID US53-0175784

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Department Store
  • General Contractor Renovation Specialist
  • Law Firm

Location

9825 Northcross Center Ct Huntersville, NC 28078
Huntersville metro Census 6407 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

since 2021
Last sale
$13.9M
4 recorded transactions
2021
$1.1M
2014
$8.0M
2012
$46.0M
2006
$8.1M

Zoning & alternative use

CBCD · Huntersville, NC

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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