About This Home

This 0-bedroom, 0-bathroom commercial at 1032 Central Drive NW in Concord, NC is listed for $2,600,000. Built in 1998, on a 1.16 acres lot.

Key Features

  • Built in 1998
  • 1.16 acre lot

Property Details

1 story
1998
Listing Description

Stabilized Multi-Tenant Industrial Investment | $160,888 Proforma NOI | Concord, NC Stabilized multi-tenant industrial investment opportunity in one of Cabarrus County's most established industrial corridors. The property is 100% occupied by three established tenants and generates approximately $160,888 Proforma annual Net Operating Income (NOI), providing immediate, predictable cash flow for investors.

The diversified tenant mix helps reduce vacancy risk while offering stable long-term income. The property consists of approximately 15,980 square feet on +/-1.15 acres and is strategically located just minutes from Interstate 85, providing excellent connectivity to Charlotte, Concord, Kannapolis, and the surrounding industrial markets.

The location offers convenient access to major transportation routes, labor pools, and regional distribution networks. This is an excellent opportunity for investors seeking a stabilized industrial asset with in-place income, strong market fundamentals, and continued demand for industrial space throughout the Charlotte MSA.

Monthly Cost Estimate

$13,905/mo

20% down · 6.5% · 30 years

Principal$1,880
Interest$11,267
Insurance$758

Estimates only. Actual payments may vary.

Location

1032 Central Drive NW

Concord, NC 28027

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 1032 Central Drive NW is listed at $2,600,000. The estimated monthly payment is $13,905 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1998, 1.16 acre lot.

This property is listed by Pat Flanagan and can be reached at 7049169552.

PF

Pat Flanagan

Agent at Century 21 Providence Realty

(704) 916-9552

Listed by Century 21 Providence Realty

MLS# 4402934· Source: listhub· 2 days on market

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1032 Central Drive NW, Concord, NC 28027

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