For Sale
$7,900,000
3508 Robinson Cir Charlotte, NC 28206
8.84-acre industrial lot, high NOI.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 137
Highlights
- 8.84-acre industrial property in Charlotte, NC, at 3508 Robinson Cir.
- Currently 100% occupied with a net lease, generating $418,400 NOI (5.30% cap rate), and projecting $624,000 NOI (7.90% cap rate).
- 1,800 SF building on two adjacent parcels, zoned ML-2 for outside storage or truck terminal use.
- Lease expires September 30, 2026, with 2% annual rent increases; tenant interested in extension.
- Recent improvements include LED lighting, video surveillance, updated utilities, and new fencing with electric gates.
Property Details for 3508 Robinson Cir
- Property type
- Land, Industrial properties
- Square Feet
- 1,800 SF
- Lot Size (sq. ft)
- 385,070 SF
Location Insight
- City
- Charlotte
- County
- Mecklenburg
- State
- North Carolina
- Latitude
- 35.257267279954
- Longitude
- -80.811069865282
Nearby Similar for Sale
FAQs
- What type of property is this?
- Land - 8.84-acre industrial lot, high NOI.
- Where is the land located?
- The property is located at 3508 Robinson Cir Charlotte, NC.
- What is the asking price?
- The asking price for this property is $7,900,000.
- What are key features of this property?
- This property features: 8.84-acre industrial property in Charlotte, NC, at 3508 Robinson Cir.; Currently 100% occupied with a net lease, generating $418,400 NOI (5.30% cap rate), and projecting $624,000 NOI (7.90% cap rate).; 1,800 SF building on two adjacent parcels, zoned ML-2 for outside storage or truck terminal use.
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