Sardis Church Business Park

5520 Cannon Dr, Indian Trail, NC 28110

Accepting Offers

Asking Price

$1,990,000

Sardis Church Business Park

5520 Cannon Dr, Indian Trail, NC 28110

Details

Asset Type: Real Estate

Estate: Leasehold

Year Built: 1997

Number of Floors: 2

Property Size: 12,240 SF

Property Type: Industrial

Occupancy %: 75

Land Area: 0.88 Acres

Number of Units: 4

Investment Highlights

- Four total units, including one double unit (103/104) leased to a single tenant.
- Units 101 and 103/104 are on carry‑over under market leases, giving a new owner flexibility to renegotiate or terminate easily.
- Unit 102 is vacant and offers 1,950 SF downstairs plus 500 SF upstairs—ideal for an owner‑user or new tenant.
- Warehouse sections feature 20' ceiling heights for efficient storage and industrial use.
- Current gross rents total $60,000/year from Units 101 and 103/104, providing immediate income. Unit 102 is actively marketed at $14.50/SF, offering strong lease‑up upside.

Industrial/Flex Space in Sardis Church Business Park

5520 Cannon Dr is a 12,240 SF industrial investment offering immediate income and clear upside. Strong fit for an owner/operator who wants to occupy Unit 102 and grow into additional units over time, or for an investor looking to stabilize rents to market.

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