101 Chamandy DrSalisbury, NC 28146

Property Details for 101 Chamandy Dr

Year built

2020

Property size (Sq ft)

150,000 SF

Property type

Industrial properties

Property subtype

Other warehouses

Description

This exceptional investment opportunity presents a 150,000-square-foot, Class A distribution warehouse located at 101 Chamandy Drive, Salisbury, NC 28146. The property, built in 2020, features a single, two-story building with 15 loading docks and is currently 100% occupied by Grainger, a national leader in maintenance supplies and inventory solutions. This strategically located facility serves the Southeastern US as one of Grainger's key distribution centers. The lease is a NNN (Net, Net, Net) agreement with a remaining term of six years and includes a 2.5% annual rent increase. The property boasts a strong net operating income (NOI) of $806,128. This is a rare opportunity to acquire a high-quality, income-producing asset with a long-term tenant in a thriving market. The property is being offered without a formal asking price, encouraging qualified investors to submit offers. Detailed financial information is available upon request. This is a turnkey investment perfect for those seeking a stable, high-return asset in the industrial sector. The property's prime location and strong tenant provide exceptional long-term value and growth potential.

Location Insight

City

Salisbury

County

Rowan

State

North Carolina

Latitude

35.6151

Longitude

-80.469

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