5520 Cannon Dr - Industrial FOR SALE


Indian Trail, NC 28110
$1,990,000 USD
704-575-1993
5520 Cannon Dr, Indian Trail, NC for Sale
$1,990,000 USD
Industrial - FOR SALE
1/15
null | Request Cap Rate

5520 Cannon Dr
Indian Trail, NC 28110


HIGHLIGHTS

  • Off Hwy 74 and near Hwy 485 and Monroe Expressway
  • In Industrial Flex Park
  • 4 Dock Doors

OVERVIEW

5520 Cannon Drive is a 12,383 SF industrial flex property in the Sardis Church Business Park offering immediate income and added-value, with four units including a double unit leased to a single tenant and two carry-over month-to-month leases that provide flexibility for a new owner. Unit 102 is vacant with 1,950 SF downstairs and 500 SF upstairs, and the warehouse areas feature 20' ceiling heights. Current gross rents total $71,040 per year, and the property sits on 0.88 acres with strong nearby demographics. The site is well-located in Sardis Church Business Park in Indian Trail with easy access to major roads and surrounded by a growing residential population.

FOR SALE DETAILS

PRICE

$1,990,000 USD

PRICE/SF

$163 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Sardis Church Business Park

PROPERTY TYPE

Industrial

ADD'L SUBTYPES

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TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1997

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

20 Ft

DOCKS

4

DRIVE INS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.77

LAND SF

33,541

ZONING

Industrial

APN/PARCEL ID

07-069-191

ASK ABOUT THIS PROPERTY

Peter RiekeColdwell Banker Commercial RealtyMore Info
704-575-1993

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Peter RiekeColdwell Banker Commercial RealtyMore Info
704-575-1993

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