For Sale
$1,975,000

1334 Hill RdCharlotte, NC 28210

Owner-user opportunity, 11,218 SF, $1.975M

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 11,218-square-foot flex industrial property in Charlotte, NC, presents a compelling owner-user opportunity. Located at 1334 Hill Rd, in Mecklenburg County (zip code 28210), this single-building property sits on a 0.59-acre lot and boasts three units, currently 100% occupied. Built in 1979, the property is zoned CG and offers a compelling price per square foot of $176.06, translating to a price per unit of $658,333.33. Its strategic location provides excellent access to major transportation arteries, including the LYNX Blue Line, major interstates, and the Charlotte Douglas International Airport. The property benefits from its proximity to South Boulevard and major corporations with regional distribution hubs, situated within Charlotte's largest industrial submarket. The area demonstrates strong growth, with a 9.2% year-over-year submarket rent increase. The property is ideally positioned within a thriving area, boasting a population of nearly 200,000 within a 5-mile radius. This is a rare chance to acquire a well-located, fully occupied industrial flex space in a high-growth market.

Highlights

  • Owner-user opportunity near South Blvd.
  • Excellent access to LYNX Blue Line, major interstates, and the airport.
  • Situated in Charlotte's largest industrial submarket.
  • Near major corporations and regional distribution centers.
  • Strong submarket rent growth (9.2% YoY).
  • Located in a densely populated area (nearly 200,000 within a 5-mile radius).

Property Details for 1334 Hill Rd

Property type
Industrial properties, Flex space
Square Feet
11,218 SF
Year Built
1979
Buildings
1
Lot Size (sq. ft)
25,700 SF
Units
3

Location Insight

City
Charlotte
County
Mecklenburg
State
North Carolina
Latitude
35.129583
Longitude
-80.8742304
1334 Hill Rd, Charlotte, North Carolina

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1334 Hill Rd
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