Irreplaceable Urban Infill Location – Strategically positioned in the Lower Tuck neighborhood, approximately one mile northwest of Uptown Charlotte. The property benefits from immediate access to major transportation corridors, including Freedom Drive, Wilkinson Boulevard, and Interstate 77, enabling efficient connectivity across the Charlotte metro. The asset is embedded within an active industrial corridor, surrounded by established operators such as Southern Concrete Materials, FORSHAW, AART Machine, DNA, Authorized Commercial Equipment Services, Mazzella, and JRCI Warehouse, among others.
Institutional-Grade Construction Quality – Originally developed in 1952 and meticulously maintained, the building features durable masonry construction, functional warehouse and office layouts, and clear heights of 14 feet, supporting a wide range of industrial uses.
Robust Surrounding Demographics – Within a ±5-mile radius, the property draws from a population base of ±249,262 residents, boasting an average household income of $136,697 and total consumer spending exceeding $3.03 billion, underscoring the area’s economic vitality and labor accessibility.
Favorable Submarket Dynamics – The Lower Tuck industrial submarket has experienced constrained new supply and limited development activity over the past 18 months. As a result, landlords have realized above-average rental rate growth, with vacancy rates nearing historic lows. Tenant demand remains strong, particularly for facilities with proximity to the urban core and major infrastructure.