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140 Cupped Oak Dr
Matthews, NC 28104
140 Cupped Oak Dr · Industrial Property For Sale
Investment Highlights
- 6,000 SF NNN industrial facility on 1.19 acres, 15 miles southeast of Uptown Charlotte
- Triple-net lease with 3% annual increases; expires February 28, 2030
- No renewal options — ownership retains full flexibility to re-lease at market rates
- 22+ years of uninterrupted occupancy by SiteOne Landscape Supply and predecessor
- Below-market rent of $9.18/SF creates compelling mark-to-market opportunity at rollover
- 2024 roof restoration with 10-year leak warranty; new exterior lighting recently installed
Property Facts
| Property Type | Industrial | Rentable Building Area | 6,000 SF |
| Property Subtype | Warehouse | No. Stories | 1 |
| Building Class | B | Year Built/Renovated | 2004/2024 |
| Lot Size | 1.19 AC | Tenancy | Single |
| Zoning | AB9 | ||
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 1.19 AC |
| Rentable Building Area | 6,000 SF |
| No. Stories | 1 |
| Year Built/Renovated | 2004/2024 |
| Tenancy | Single |
| Zoning | AB9 |
Property Taxes
| Parcel Number | 07-102-010-U | Improvements Assessment | $314,000 |
| Land Assessment | $160,700 | Total Assessment | $474,700 |
Property Taxes
Parcel Number
07-102-010-U
Land Assessment
$160,700
Improvements Assessment
$314,000
Total Assessment
$474,700
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