2711 Midland Ave

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2711 Midland Ave

Charlotte, NC 28208
Asking Price
$1.20M
Asset Type
Industrial
Class
Class B

What's Special

2711 Midland Ave is located in the vibrant West Charlotte industrial submarket, characterized by a mix of light manufacturing and distribution facilities. The property benefits from its proximity to major transportation arteries, including quick access to I-77 and I-85, and is situated approximately five miles from Charlotte Douglas International Airport. The surrounding neighborhood offers a variety of amenities, including local retail centers, dining options, and service-oriented businesses that cater to the local workforce. The assets at this location are well-suited for light industrial operations, regional distribution, and flex-space requirements. Broadly, the site supports tenants in sectors such as logistics, construction services, and specialized fabrication. The layout and accessibility make it an ideal choice for businesses seeking a central hub to serve the growing Charlotte metropolitan area and the greater Carolinas region.

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NOI
$80,000
Cap Rate
6.69%
DSCR
1.13
Tight
Cash-on-Cash
2.53%
Monthly Payment
$5,912.208
Annual Cash Flow
$9,053.504

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