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714 Commerce Dr
Concord, NC 28025
NNN Industrial Opportunity · Industrial Property For Sale
PROPERTY FACTS
| Property Type | Industrial | No. Stories | 1 |
| Building Class | B | Year Built/Renovated | 1989/2008 |
| Lot Size | 5.91 AC | No. Dock-High Doors/Loading | 1 |
| Rentable Building Area | 18,114 SF | No. Drive In / Grade-Level Doors | 1 |
| Zoning | I-2 | ||
| Property Type | Industrial |
| Building Class | B |
| Lot Size | 5.91 AC |
| Rentable Building Area | 18,114 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1989/2008 |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | I-2 |
ABOUT 714 COMMERCE DR , CONCORD, NC 28025
7.33% CAP is as of 2/1/2019. There are additional rent bumps in the lease. The Property is occupied by a long term strong credit privately held company. The tenant has been in this location since the original building was a build to suit for them in 1989. The industrial space was increased and a new office built in 2008. The Lease has recently been extended showing continued strong tenant interest in the location. The Location has space for expansion to the existing building and is also suited for the construction of 2 additional buildings of 14,400 and 10,000 SF. The tenant was recently purchased by Three D Metals to enhance Three D’s distribution abilities. The Location of the Property is prime as it is located in a prime industrial location and only several miles from downtown Charlotte
PROPERTY TAXES
| Parcel Number | 5529-66-7930-0000 | Improvements Assessment | $1,013,240 |
| Land Assessment | $701,100 | Total Assessment | $1,714,340 |
PROPERTY TAXES
