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2110 S Main St
Salisbury, NC 28147
Industrial Property For Sale
Investment Highlights
- Prominent location at South Main St and Highway 601, approximately one mile from I-85.
- Leases in place with below-market rents offering immediate value-add potential.
- Offered at a price significantly below industrial replacement cost.
- Fully occupied industrial facility with historical tenant stability.
- Positioned in a submarket experiencing strong demand and rent appreciation.
- Property features include two dock-high doors and 15-foot clear ceiling height.
Executive Summary
This industrial property at 2110 S Main St in Salisbury, NC presents a compelling investment opportunity within a growing regional market. The asset is strategically positioned at a highly trafficked intersection near Highway 601 and just one mile from I-85, offering superior connectivity to Charlotte, one of the nation’s most active industrial hubs.
Currently fully occupied, the property provides reliable income with short-term leases expiring at the end of 2026, allowing flexibility to restructure agreements or reposition the asset to achieve higher rental rates. Both spaces are leased below market, affording significant upside potential. With industrial construction costs at historic highs, the offering—priced well below replacement cost—ensures an advantageous entry point.
The Salisbury submarket reflects strong fundamentals, including low vacancy and steady rent growth, expected to climb by 7% in the near term. Limited supply of comparable facilities further strengthens the property’s long-term investment profile. Given its accessible location, healthy historical occupancy, and potential for NOI growth, this property is well-suited for investors seeking yield in a constrained industrial environment.
Currently fully occupied, the property provides reliable income with short-term leases expiring at the end of 2026, allowing flexibility to restructure agreements or reposition the asset to achieve higher rental rates. Both spaces are leased below market, affording significant upside potential. With industrial construction costs at historic highs, the offering—priced well below replacement cost—ensures an advantageous entry point.
The Salisbury submarket reflects strong fundamentals, including low vacancy and steady rent growth, expected to climb by 7% in the near term. Limited supply of comparable facilities further strengthens the property’s long-term investment profile. Given its accessible location, healthy historical occupancy, and potential for NOI growth, this property is well-suited for investors seeking yield in a constrained industrial environment.
Property Facts
| Sale Type | Investment | Rentable Building Area | 8,900 SF |
| Cap Rate | 5.06% | No. Stories | 1 |
| Property Type | Industrial | Year Built/Renovated | 1953/1981 |
| Property Subtype | Warehouse | Tenancy | Single |
| Building Class | C | Clear Ceiling Height | 14’ |
| Lot Size | 1.69 AC | No. Drive In / Grade-Level Doors | 2 |
| Zoning | HB - Highway Business | ||
| Sale Type | Investment |
| Cap Rate | 5.06% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.69 AC |
| Rentable Building Area | 8,900 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1953/1981 |
| Tenancy | Single |
| Clear Ceiling Height | 14’ |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | HB - Highway Business |
Property Taxes
| Parcel Number | 061-063 | Improvements Assessment | $274,015 |
| Land Assessment | $183,428 | Total Assessment | $457,443 |
Property Taxes
Parcel Number
061-063
Land Assessment
$183,428
Improvements Assessment
$274,015
Total Assessment
$457,443
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