704-224-3673
, Concord, NC for Sale
Industrial - FOR SALE
1/15
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±46,000 SF of buildings on 7.98 acres
Concord, NC


HIGHLIGHTS

  • In-place NNN income with a specialty tenant that invested heavily in the space
  • 23,500 SF of lease-up in a 5.5%-vacancy market segment
  • ±46,000 SF of building on 7.98 acres.
  • Functional flex specifications built for real users
  • Established industrial location on the I-85 corridor
  • Two buildings, one basis - divisible exit optionality

OVERVIEW

443 Pitts School Road Concord NC 28027 Concord Pickleball 22,500 sf building Triple Net lease Tenant pays all utilities City utilities (3) 12’ x 14’ Drive In Doors Own a stabilized, income-producing industrial asset in one of the Charlotte metro's fastest-growing submarkets. This 22,500 SF building at 443 Pitts School Rd NW is fully leased to Concord Pickleball, LLC under a triple-net (NNN) lease. The tenant handles taxes, insurance, and maintenance, delivering a true passive-income opportunity for a 1031 exchange buyer or net-lease investor. The property is zoned I-1 (Light Industrial) and is part of an 8-acre two-property industrial portfolio. The property sits in the Concord, NC / Cabarrus County industrial corridor, just minutes from I-85 and within easy reach of US-29 — placing it firmly inside the Charlotte-region growth belt. The immediate area is benefiting from major investment, including Eli Lilly's expanding manufacturing workforce, Red Bull's $1.5B “The Grounds at Concord” campus, and multi-hundred-million-dollar expansions from Atrium Health Cabarrus and Novant Health. The site is also close to Concord Regional Airport, Charlotte Motor Speedway, and Concord Mills, and within a short drive of Uptown Charlotte — giving tenants and future users strong regional access and visibility. Available individually or together with the adjacent 7089 Weddington Rd industrial building as a two-property, 8-acre portfolio. 7089 Weddington Road, Concord, NC 28027 (this is the one that had the different SF on the previous listing). 23,500 +- sf Office space: 2,600 +- sf Ceilings 14-18 feet (3) 12' x 14' Drive in Dock Doors (1) Drive in Dock Door 12' x 12' (1) Drive up to elevated Dock 9' x 9' Property Description (Public) A rare opportunity to acquire a 23,500 SF industrial building, zoned I-1 (Light Industrial), delivered vacant at closing. Ideal for an owner-user looking to occupy immediately, or an investor targeting value-add lease-up in a submarket with strong tailwinds. The property is part of an 8-acre two-property industrial portfolio in Concord's core industrial corridor. Located just minutes from I-85 and within easy reach of US-29, the property sits squarely in the Charlotte-region growth belt. The surrounding Concord / Cabarrus County market is benefiting from major investment, including Eli Lilly's expanding manufacturing workforce, Red Bull's $1.5B “The Grounds at Concord” campus, and multi-hundred-million-dollar expansions from Atrium Health Cabarrus and Novant Health. The site is also close to Concord Regional Airport, Charlotte Motor Speedway, and Concord Mills, and within a short drive of Uptown Charlotte. Available individually or together with the income-producing 443 Pitts School Rd NW property as a two-property, 8-acre portfolio. Location Highlights: -Minutes from I-85 and close to US-29 — inside the Charlotte-region growth belt -Near Eli Lilly's expanding manufacturing campus and Red Bull's $1.5B “The Grounds at Concord” -Close to Atrium Health Cabarrus and Novant Health's major hospital expansions -Near Concord Regional Airport, Charlotte Motor Speedway, and Concord Mills -Short drive to Uptown Charlotte

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Kelly RiddleArdor Commercial AdvisorsMore Info
704-224-3673

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Kelly RiddleArdor Commercial AdvisorsMore Info
704-224-3673

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.