5216 Hovis Road

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5216 Hovis Road

Charlotte, NC 28208
Asking Price
Contact for price
Asset Type
Warehouse Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The property features 32,122 square feet of industrial space.
  • The asset is currently available for purchase in Charlotte.
  • This facility serves as a versatile retail and warehouse site.
  • Strategic location within the active Charlotte industrial submarket.
  • Suitable for logistics, light manufacturing, or regional storage operations.

What's Special

This retail and warehouse property at 5216 Hovis Road is available for sale, presenting a functional asset for investors or businesses seeking industrial utility. Spanning approximately 32,122 square feet, the facility accommodates various logistical or commercial operations in a prime Charlotte location. The property is situated within the Charlotte metro area, a region characterized by its robust manufacturing, distribution, and logistics sectors that benefit from proximity to major interstate highways and international shipping hubs. Investors may find this site suitable for redevelopment or as a stabilized holding within a diversifying industrial portfolio, while owner-occupants gain a substantial footprint near key regional transit arteries. The site offers enough versatility to support light manufacturing, regional distribution, or specialized retail warehousing needs. Its placement within the 28208 ZIP code provides connectivity to the broader Charlotte market, ensuring steady accessibility for operations requiring efficient movement of goods across the Carolinas.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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