1431 Bryant St, Charlotte, NC 28208
10,950 SF | Industrial Building | Charlotte, NC 28208 | $2,650,000 ($242/SF) | 6.79% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $2,650,000
- Property Type
-
Industrial
- Price / Square Foot
- $242
Listing Contacts
Morgan Hamer
Verified Profile
- Property Info
Property Overview
Presenting a single-tenant NNN industrial investment opportunity located just outside of Uptown Charlotte. The tenant is an established event business in the region and the lease expires April 30, 2029. Tenant is responsible for ALL expenses. Annual NOI is $180,000.
The building is composed of a fully conditioned ±7,531 SF warehouse space with 2 dock-high doors and ±3,400 SF of finished space including a dedicated commercial kitchen, lobby, and private offices. Please note that the parcel is in a flood zone.
This listing is centrally located just outside of Charlotte's urban core in the FreeMoreWest neighborhood. The FreeMoreWest Neighborhood is rapidly growing with great amenities, including new restaurants, retail, and breweries. The property is just off of I-77 and minutes from I-85. Additionally, it is a 20-minute walk from the Carolina Panthers Bank of America Stadium and an 11-minute drive to Charlotte Douglas International Airport.
The current tenant, Uptown Catering Company, has been headquartered at the property since 2013. Uptown Catering Company is a leading corporate and event caterer in Charlotte, NC. Founded in 1987, Uptown Catering enjoys a loyal and extensive customer base in the corporate and governmental sectors, and representative clients include Ballantyne Designs, Blueline Technologies, Blumenthal Performing Arts, Split Second Sound, Deloitte, and the Charlotte Fire Department. As a result of its focus on quality, and friendly and professional service, the company received the Crowns of Enterprise Award as the 2014 Small Business Enterprise of the Year. Uptown Catering employs 10 full-time employees and had annual revenue in 2023 of $1.075 million.
The building is composed of a fully conditioned ±7,531 SF warehouse space with 2 dock-high doors and ±3,400 SF of finished space including a dedicated commercial kitchen, lobby, and private offices. Please note that the parcel is in a flood zone.
This listing is centrally located just outside of Charlotte's urban core in the FreeMoreWest neighborhood. The FreeMoreWest Neighborhood is rapidly growing with great amenities, including new restaurants, retail, and breweries. The property is just off of I-77 and minutes from I-85. Additionally, it is a 20-minute walk from the Carolina Panthers Bank of America Stadium and an 11-minute drive to Charlotte Douglas International Airport.
The current tenant, Uptown Catering Company, has been headquartered at the property since 2013. Uptown Catering Company is a leading corporate and event caterer in Charlotte, NC. Founded in 1987, Uptown Catering enjoys a loyal and extensive customer base in the corporate and governmental sectors, and representative clients include Ballantyne Designs, Blueline Technologies, Blumenthal Performing Arts, Split Second Sound, Deloitte, and the Charlotte Fire Department. As a result of its focus on quality, and friendly and professional service, the company received the Crowns of Enterprise Award as the 2014 Small Business Enterprise of the Year. Uptown Catering employs 10 full-time employees and had annual revenue in 2023 of $1.075 million.
Property Details
- Class
- B
- Year Built/Renovated
- 1955/2008
- Stories
- 1
- Property Subtype
- Distribution
- Lot Size (sq. ft)
- 23,522 SF
Highlights
- Centrally located just outside of Charlotte's urban core in the FreeMoreWest neighborhood
- Fully-conditioned ±7,531 SF warehouse space with 2 dock-high doors and ±3,400 SF of finished space with a dedicated commercial kitchen
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