for sale - loopnet · – dock-high doors: 16, with mechanical levelers – drive-in doors: 1 with...

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±152,534 s.f. free-standing industrial facility 1700 Parker Drive Charlotte, NC Jordan Quinn +1 704 804 5836 [email protected] Pete Pittroff, SIOR +1 704 927 3012 pete.pittroff@am.jll.com Brad Cherry, CCIM, SIOR +1 704 927 3012 [email protected] For Sa An exciting opportunity to purchase a highly- desirable facility located within minutes of the Charlotte CBD Excellent proximity to I-85, I-77, I-22 and Charlotte Douglas International Airport (CLT) and downtown Charlotte Conveniently located to offer last mile delivery to Charlotte-area businesses and consumers I-2 industrial zoning allows for outside storage Potential revenue from existing tenant through Summer 2018

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Page 1: For Sale - LoopNet · – Dock-high doors: 16, with mechanical levelers – Drive-in doors: 1 with 10’ x 40’ ramp – Parking: ±100 surface spots – Lighting: T-5 6 bulb reflective

±152,534 s.f. free-standing industrial facility1700 Parker Drive Charlotte, NC

Jordan Quinn +1 704 804 [email protected]

Pete Pittroff, SIOR+1 704 927 3012 [email protected]

Brad Cherry, CCIM, SIOR+1 704 927 [email protected]

For Sale – An exciting opportunity to purchase a highly-desirable facility located within minutes of the Charlotte CBD

– Excellent proximity to I-85, I-77, I-22 and Charlotte Douglas International Airport (CLT) and downtown Charlotte

– Conveniently located to offer last mile delivery to Charlotte-area businesses and consumers

– I-2 industrial zoning allows for outside storage

– Potential revenue from existing tenant through Summer 2018

Page 2: For Sale - LoopNet · – Dock-high doors: 16, with mechanical levelers – Drive-in doors: 1 with 10’ x 40’ ramp – Parking: ±100 surface spots – Lighting: T-5 6 bulb reflective

1700 Parker Drive, Charlotte, NC – Parcel number: 117-011-01

– Parcel size: 11.454 acres

– Building size: ±152,534 s.f. (floor area)

– Two story office: ±10,677 s.f. (±7%)

– Year built: 1971, renovated in 1992

– Floor: Concrete

– Column spacing: 36’ x 41’ typical

– Clear height: 17’ - 26’

– Fire protection: ESFR and wet

– Truck court depth: ±220’

– Dock-high doors: 16, with mechanical levelers

– Drive-in doors: 1 with 10’ x 40’ ramp

– Parking: ±100 surface spots

– Lighting: T-5 6 bulb reflective lights, with motion sensors

– Office HVAC: 100% heat and AC

– Warehouse HVAC: Heat only

– Water: Charlotte Mecklenburg Utility Department

– Sewer: Charlotte Mecklenburg Utility Department

– Power: Duke Power

– Gas: Piedmont Natural Gas

– Zoning: I-2 Industrial - allows for outside storage

– Outside storage: Fenced lot

– Rail service: Potential by Norfolk Southern

– Asking price: $8,250,000 ($54/s.f.)

Potential for

outside storage

Norfolk Southern Rail

Potential revenue opportunity details

– Tenant: LKQ Corporation dba Keystone Automotive

– Lease Expiration: Estimated Summer 2018

– Base Rent PSF: $3.00 psf NNN

– Annual Rent: $457,602

Page 3: For Sale - LoopNet · – Dock-high doors: 16, with mechanical levelers – Drive-in doors: 1 with 10’ x 40’ ramp – Parking: ±100 surface spots – Lighting: T-5 6 bulb reflective

The Carolinas is the 11th largest distribution market in the United States. This is largely due to the interstate network, rail capacity and proximity to the Eastern seaboard populations.

As retailers look to compete not just on price point, but also on delivery time, in an increasingly competitive marketplace, they must face the last-mile, same-day delivery challenge head on. Consumers have come to expect ease, speed, reduced or free shipping costs for many of their online purchases.

1700 Parker Drive is the ideal location to reach Carolinas retail customers quickly.

1700 Parker Drive

Ideal warehouse location for last mile deliveries

5 MILES

10 MILES

15 MILES

5 MILES 10 MILES 15 MILESPopulation 185,809 679,080 1,205,292

Households 78,749 272,926 468,860

1700 Parker Drive

Charlotte CBD

Page 4: For Sale - LoopNet · – Dock-high doors: 16, with mechanical levelers – Drive-in doors: 1 with 10’ x 40’ ramp – Parking: ±100 surface spots – Lighting: T-5 6 bulb reflective

±152,534 s.f. free-standing industrial facility1700 Parker Drive Charlotte, NC

For Sale