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Executive Summary
100% new asphalt
100% new exterior concrete: all 4,000psi, 8” thickness
New fencing around outdoor storage
Painted exterior and caulked all panel seams creating a new building envelope
Drainage improvements around building exterior including a new culvert
All new warehouse heaters (12 Reznor gas-fired heaters, 100,000 BTU each)
Property Facts
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Industrial | Year Built/Renovated | 1980/2025 |
| Property Subtype | Warehouse | Tenancy | Single |
| Building Class | C | Parking Ratio | 0.52/1,000 SF |
| Lot Size | 3.90 AC | Clear Ceiling Height | 20’ |
| Rentable Building Area | 51,535 SF | No. Dock-High Doors/Loading | 6 |
| Zoning | ML-2 | ||
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 3.90 AC |
| Rentable Building Area | 51,535 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1980/2025 |
| Tenancy | Single |
| Parking Ratio | 0.52/1,000 SF |
| Clear Ceiling Height | 20’ |
| No. Dock-High Doors/Loading | 6 |
| Zoning | ML-2 |
Amenities
- Backup Power / Generators
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Wholesaler
- 51,576 SF
- -
- -
Founded in 1969 as Fox-Rowden-Smith, Inc. by Wert Fox, Bob Rowden, and Lamar Smith, FRM later adopted the Fox-Rowden-McBrayer name after Ken McBrayer joined as a partner and expanded the business. The firm sells through electrical distributors and serves engineers, contractors, end users, and utility customers across commercial, residential, industrial, and utility projects. FRM’s work centers on electrical, energy, and lighting and controls solutions, with the lighting and controls division added in 2024 to broaden the company’s market coverage. FRM also presents a broader Southeast presence through its electrical and utility operations and its network of manufacturers and service teams.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
Wholesaler | 51,576 SF | - | - |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
The building features 20’ clear heights, ±27 auto parking spaces, LED lighting throughout the warehouse, and a wet sprinkler system, delivering efficient, modern functionality. A new TPO roof installed (2024), with a 20 year warranty, enhances long-term durability. The property also offers a fenced storage yard, including a ±0.25 acre fenced concrete pad and ±0.4 acres of potential expansion, providing valuable flexibility for outdoor storage or future growth. This well-located, functional asset is ideal for distribution, manufacturing, and service-oriented industrial users seeking scale and yard capability in the Charlotte market.
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 51,535 SF | Industrial | - | Jun 2026 |
1st Floor
| Size |
| 51,535 SF |
| Space Use |
| Industrial |
| Build-Out |
| - |
| Available |
| Jun 2026 |
1st Floor
| Size | 51,535 SF |
| Space Use | Industrial |
| Build-Out | - |
| Available | Jun 2026 |
The building features 20’ clear heights, ±27 auto parking spaces, LED lighting throughout the warehouse, and a wet sprinkler system, delivering efficient, modern functionality. A new TPO roof installed (2024), with a 20 year warranty, enhances long-term durability. The property also offers a fenced storage yard, including a ±0.25 acre fenced concrete pad and ±0.4 acres of potential expansion, providing valuable flexibility for outdoor storage or future growth. This well-located, functional asset is ideal for distribution, manufacturing, and service-oriented industrial users seeking scale and yard capability in the Charlotte market.
Property Taxes
| Parcel Number | 145-302-01 | Improvements Assessment | $3,116,600 |
| Land Assessment | $1,153,900 | Total Assessment | $4,270,500 |
Property Taxes
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1133 Pressley Rd
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