1424 North Tryon Street, Charlotte, NC, 28206 - Available for Sale

Industrial For Sale

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1424 North Tryon Warehouse - Investment

1424 North Tryon Street, Charlotte, NC 28206

$625,000

15,000 SF | Industrial

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Industrial Property For Sale

Price:
$625,000
Building Size:
15,000 SF
Price/SF:
$41.67
Property Type:
Industrial
Property Sub-type:
Distribution Warehouse
Property Use Type:
Net Lease Investment with
4 years left on lease
Cap Rate:
9.90%
Occupancy:
50%
No. Stories:
1
Tenancy:
Multiple
Year Built:
1947
Clear Ceiling Height:
20 ft.
Dock-High Doors/Loading:
2
Drive In/Grade-Level Doors:
2
Lot Size:
0.52 AC
APN / Parcel ID:
08301121
Listing ID
16717904
Last Updated
20 days ago

Find Out More...

Utilities

  • Trailer Parking
  • Electricity/Power

Highlights

  • 100% Occupied

Description

This 15,000 +/- SF all brick building is available For Sale & For Lease". Units A & B consist of 7,500 +/- rentable sf each. They are separately metered for utilities. The property is located near uptown Charlotte with great potential for an investor to hold an income producing property along the North Tryon Corridor just outside of the Center City. It has secure warehouse space and easy access to all Interstates & Highways serving the Charlotte Market Area. Unit A has a Tenant in place thru 4th QTR 2016 and Unit B is available "for Lease".

Located along the North Tryon Corridor just outside of Center City, near Panthers Stadium, Time Warner Arena, and NASCAR Hall of Fame. Easy access to all interstates.

Financial Summary

Major Tenant Information

  • Proforma
  • 2012
  • $59,500
  • $59,500
  • $40,996
  • $18,904
  • $18,904

Map of 1424 North Tryon Street, Charlotte, NC 28206 (Mecklenburg County)

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Asking Price Index Trends for Charlotte, NC Industrial For Sale

  Jun 14 vs. 3 mo.
prior
Y-O-Y
-
State
$42+0.7%+0.1%
-
Metro
$50+1.3%-3.4%
-
County
$59+2.7%+4.8%
-
City
$61+3.0%+6.4%

View Charlotte Market Trends for other property types for sale or lease. Learn more about the chart info.

Created 6/10/2010
1424 North Tryon Warehouse - Investment
  • Industrial
  • $625,000
  • 15,000 SF