Industrial Buildings For Sale | ±64,544 SF 2803 Bravo Pl 44,544 SF Industrial Building Monroe, NC 28110 $4,950,000 ($111.13/SF)

EXECUTIVE SUMMARY
Bull Realty is pleased to present 2803 Bravo Place, a ±64,544 SF warehouse property spanning across two buildings on ±13.13 acres. This well-equipped industrial site features ample parking, a large truck court, and covered outdoor storage, making it an excellent opportunity for logistics and distribution operations. Building 1 consists of ±3,135 SF of office space and ±41,409 SF of warehouse space, while Building 2 offers an additional ±20,000 SF of warehouse space and is leased until 2/28/2027, providing an owner-user/investor with the opportunity for supplemental income.

GREAT LOCATION
Both facilities feature a total of 5 drive-in doors and 3 dock-high doors which accommodates a variety of shipping and receiving needs. They are strategically located in Monroe, NC with proximity to various major U.S. cities, offering seamless connectivity for logistics and distribution. Planted minutes from US Highway 74 and the Monroe Bypass, which ensures a direct route to Interstate 485 bridging the connection between the Greater Charlotte area and other regional markets.

FLEXIBLE SITE
With a spacious ±13.13-acre site, the property offers ample room for distribution, storage, or future expansion, making it an ideal investment for businesses seeking a versatile and well-connected industrial facility.

9% PRO FORMA CAP RATE
While an incredible opportunity for an owner-user, it’s also a great investment opportunity. Building 2 is leased at $6.75/SF, while Building 1 is being marketed at $7.50/SF, resulting in a projected NOI of approximately $470,000. This reflects a 9% cap rate at the $4,950,000 sale price.