SRS Real Estate Partners is pleased to offer the opportunity to acquire the fee simple interest in a newly leased industrial property located in Concord, North Carolina. The tenant will execute a brand-new 5-year absolute NNN lease at the close of escrow, providing immediate, predictable income with long-term security. The lease features 2% annual rent increases, ensuring steady net operating income growth and a natural hedge against inflation. The tenant, Intelligent Tool Corp,
is well positioned for sustained success, supported by both local and national momentum in the sectors they serve, including aerospace, automotive, and domestic manufacturing. The property is offered on an Absolute Triple-Net (NNN) basis, with the tenant responsible for all operating expenses, including taxes, insurance, CAM, and maintenance. With no landlord responsibilities, this asset represents an attractive, management-free investment opportunity, particularly well suited for passive or out-of-state investors seeking reliable cash flow.