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Family Dollar Distribution 10401 Monroe Rd 877,323 SF Industrial Building Matthews, NC 28105 For Sale



Investment Highlights
- HIGH QUALITY REGIONAL LOGISTICS FACILITY
- STRATEGIC, HIGH-DEMAND SOUTHEAST LOGISTICS HUB
- DIFFERENTIATED SITE CHARACTERISTICS & CAPACITY
- IRREPLACEABLE INFILL MARKET LOCATION
Executive Summary
This institutional-scale, 877,323 SF distribution center offers investors an opportunity to acquire a major logistics hub in the Charlotte MSA. Positioned on a 63.6-acre site in one of the region’s most supply-constrained industrial submarkets, the property has recently undergone significant capital improvements, including a complete roof replacement and an investment exceeding $8.7 million in infrastructure upgrades. Its proximity to downtown Charlotte provides immediate connectivity to major regional transportation corridors, supporting distribution to the Southeast, Midwest, and Mid-Atlantic regions.
The property, formerly operated as Family Dollar’s regional distribution center, features cutting-edge improvements such as distribution-optimized clear heights of 30–33 feet, 142 dock-high doors, and an expansive yard with approximately 410 onsite trailer parking positions. With limited comparable facilities, scarce land availability, and heightened entitlement barriers, this property offers durability of income, tenant appeal, and long-term value protection, making it a rare acquisition prospect for investors seeking lasting stability in a premier logistics market.
The property, formerly operated as Family Dollar’s regional distribution center, features cutting-edge improvements such as distribution-optimized clear heights of 30–33 feet, 142 dock-high doors, and an expansive yard with approximately 410 onsite trailer parking positions. With limited comparable facilities, scarce land availability, and heightened entitlement barriers, this property offers durability of income, tenant appeal, and long-term value protection, making it a rare acquisition prospect for investors seeking lasting stability in a premier logistics market.
Property Facts
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Industrial | Year Built/Renovated | 1974/2008 |
| Property Subtype | Distribution | Tenancy | Single |
| Building Class | B | Parking Ratio | 0.94/1,000 SF |
| Lot Size | 63.60 AC | Clear Ceiling Height | 30’ |
| Rentable Building Area | 877,323 SF | ||
| Zoning | I1 | ||
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Distribution |
| Building Class | B |
| Lot Size | 63.60 AC |
| Rentable Building Area | 877,323 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1974/2008 |
| Tenancy | Single |
| Parking Ratio | 0.94/1,000 SF |
| Clear Ceiling Height | 30’ |
| Zoning | I1 |
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Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 193-551-02 | Improvements Assessment | $12,477,800 |
| Land Assessment | $8,431,900 | Total Assessment | $20,909,700 |
Property Taxes
Parcel Number
193-551-02
Land Assessment
$8,431,900
Improvements Assessment
$12,477,800
Total Assessment
$20,909,700
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Family Dollar Distribution | 10401 Monroe Rd
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