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For Sale

Sardis Church Business Park

5520 Cannon Dr,
Indian Trail, NC 28110

Asset Snapshot

1997
Year Built
2
Floor Count
75%
Occupancy

Offering Summary

Investment Overview

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.


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.

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Listing Syndicated From

Buildout
For Sale
$1,990,000
Asking Price