12001 Steele Cree

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12001 Steele Cree

Charlotte, NC 28273
Asking Price
$4.20M
Asset Type
Industrial
Class
Class B

What's Special

12001 Steele Creek Road is situated in the southwestern industrial corridor of Charlotte, North Carolina. The property is positioned within a high-density logistics hub characterized by large-scale distribution centers and corporate parks. It offers immediate access to the Interstate 77 and Interstate 485 interchange, facilitating transit across the Charlotte metropolitan area. The location is approximately ten miles from Charlotte Douglas International Airport and the Norfolk Southern Intermodal Terminal. Nearby amenities include various retail centers, dining options, and fueling stations along the South Tryon Street corridor. The site is suited for regional distribution, light manufacturing, or third-party logistics operations. Given the proximity to major transit arteries, the asset typically attracts tenants requiring efficient last-mile delivery capabilities or heavy freight access. Ideal occupants include e-commerce fulfillment providers, wholesale distributors, and industrial supply companies. The regional labor pool and established infrastructure support 24-hour operations and high-volume throughput. Facilities in this submarket often cater to established regional firms or national corporations seeking a central foothold in the Southeast.

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NOI
$80,000
Cap Rate
1.90%
DSCR
0.32
Underwater
Cash-on-Cash
-13.44%
Monthly Payment
$20,779.308
Annual Cash Flow
$-169,351.701

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