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Innovation Center 6900 Morris Estate Dr 260,000 SF Vacant Industrial Building Charlotte, NC 28262 $35,000,000 ($134.62/SF)
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Investment Highlights
- The Innovation Center is a ±260,000-SF manufacturing and industrial facility configured for advanced manufacturing, distribution, HQ, or R&D use.
- Existing infrastructure includes (2) boilers, (3) chillers, (2) air compressors, (1) 125-kw generator and cable trays throughout original warehouse.
- Provides exceptional regional connectivity with access to I-85 (±2.7 miles), I-77 (±3.9 miles), and I-485 (±5.7 miles).
- Located in Charlotte’s University / I-85 submarket, immediately off Interstate 85 and adjacent to University Research Park.
- Situated on approximately ±63 acres with secure access to the site via a private road with dual entry points.
Executive Summary
The Innovation Center is a prime property offering ±260,000 SF of versatile space, formerly serving as an IBM Manufacturing Facility. Located off Interstate 85 in Charlotte, NC, the property provides excellent access to major transportation routes and is adjacent to the University Research Park, a thriving area for technology and innovation. This well-maintained facility is ideal for large-scale headquarters, research and development, or industrial operations, featuring robust power infrastructure to support demanding business needs.
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Property Facts
| Price | $35,000,000 | Rentable Building Area | 260,000 SF |
| Price Per SF | $134.62 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built/Renovated | 1984/2007 |
| Property Type | Industrial | Parking Ratio | 0.79/1,000 SF |
| Property Subtype | Manufacturing | Clear Ceiling Height | 28’ |
| Building Class | B | No. Dock-High Doors/Loading | 16 |
| Lot Size | 63.22 AC | No. Drive In / Grade-Level Doors | 2 |
| Zoning | I-2 (CD) - Heavy Industrial Conditional | ||
| Price | $35,000,000 |
| Price Per SF | $134.62 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | B |
| Lot Size | 63.22 AC |
| Rentable Building Area | 260,000 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1984/2007 |
| Parking Ratio | 0.79/1,000 SF |
| Clear Ceiling Height | 28’ |
| No. Dock-High Doors/Loading | 16 |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | I-2 (CD) - Heavy Industrial Conditional |
Amenities
- Fenced Lot
Utilities
- Water - City
- Sewer - City
- Heating
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
±260,000 SF Manufacturing Facility Available For Sale or Lease
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 260,000 SF | Industrial | - | Now |
1st Floor
| Size |
| 260,000 SF |
| Space Use |
| Industrial |
| Condition |
| - |
| Available |
| Now |
1st Floor
| Size | 260,000 SF |
| Space Use | Industrial |
| Condition | - |
| Available | Now |
±260,000 SF Manufacturing Facility Available For Sale or Lease
Fairly walkable
40/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Fairly bikeable
50/100
Demographics
Regional Accessibility
City
Population
Miles
Drive Time
Charlotte
872,498
8
0 h 16 m
Jacksonville
903,889
386
7 h 15 m
Washington
702,455
393
7 h 34 m
Columbus
892,533
426
8 h 16 m
Philadelphia
1,584,138
533
10 h 37 m
Indianapolis
867,125
565
10 h 59 m
Access and Labor Force
10 Miles
Total Population
692,367
Total Labor Force
443,370
Unemployment Rate
3.71%
Median Household Income
$79,766
Warehouse Employees
62,682
High School Education Or Higher
90.20%
Property Taxes
| Parcel Number | 047-053-25 | Improvements Assessment | $6,022,100 |
| Land Assessment | $7,635,200 | Total Assessment | $13,657,300 |
Property Taxes
Parcel Number
047-053-25
Land Assessment
$7,635,200
Improvements Assessment
$6,022,100
Total Assessment
$13,657,300
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Innovation Center | 6900 Morris Estate Dr
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