Industrial in Concord, NC - industrial in Concord, NC
Industrial

Industrial in Concord, NC

4510 fortune avenue northwest, concord, NC 28027

Price

Price on request

Market rate estimate — not broker-provided

Cost-of-Business Details

Very Low Confidence
Low
$0.94/SF/mo
Mid
$1.10/SF/mo
High
$1.26/SF/mo
Tier Used
peer_city_transfer

Transferred from peer market sacramento (similarity: 100%) with 6 comparable listings.

Peer market: sacramento (100% similarity)
Tier Resolution Trace
Tier 1insufficient_data
Tier 2insufficient_data
Tier 3insufficient_data
Tier 4successselected
Cost Breakdown
ComponentValueDetailSource
Base Rent$1.10/SF/mopeer_city_transfer
Utilities10.8¢/kWhOpenEI URDB
Property Tax0.0% eff. rateAPI Ninjas
Labor Index$1624/wkBLS QCEW
Source Provenance (1)
SourceTypeCountYearFreshnessPeer
Peer City Transfereconomic_similarity6real-timesacramento (100%)
Data sources used
peer_city_transfer

Description

Class A Facility for Lease + 60,000 SF + +Single Tenant Facility suitable for R&D, Technical, and Processing uses +Onsite Trailer Parking with the potential to be secured +Direct access to I-85 via Poplar Tent Road (Exit 52) +Class A Facility

Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.

Location

4510 fortune avenue northwest, concord, NC 28027

Marker
Leaflet © OpenStreetMap contributors

Financial Details

Lease TypeTriple Net (NNN)

Market Context

As of Q1 2026, the Charlotte industrial market showed average asking rents near $8.39/SF/yr, and cap rates around 7.3%. Source: multiple brokerages Q1 2026 market report.

Projected current pricing

low confidence
Projected asking rent
$8.39/SF/yr
Estimated sale value
$77–$94/SF

Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q1 2026 multiple brokerages data (cap rate 7.3%, asking rent held flat).

View the full Charlotte Industrial market report →

Compare it against other industrial listings for lease in Concord, NC to benchmark pricing and space — view the full market.

Industrial market FAQ

What is the typical cap rate for industrial in Charlotte?
About 7.3% as of Q1 2026, per multiple brokerages.

Unified Estimate

Very Low Confidence
$3.18/SF/mo-$4.29/SF/mo
Mid: $3.74/SF/mo

Rate-first confidence-weighted blend with cost-of-business adjustment.

No local comparable sales were available, so this estimate is transferred from a comparable peer market — treat it as a rough indication only. Transferred from peer market sacramento (similarity: 100%) with 6 comparable listings.

Lease Rate & Market Trend

Market report quarterly trend fallback

Low Confidence
  • Avg Rent ($/SF/mo) (market data)
  • Vacancy %
Q3 '20Q3 '23Q4 '25Q1 '26$0$3$6$9$120%10%20%30%40%
Market asking rent (quarterly avg)Vacancy rate (right axis)

Investment Analysis

Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.

Market Employment Trend

YoY Growth:+1.0%
Avg Weekly Wage:$1,428

December 2025 • Source: BLS QCEW

Economic Indicators

30-Yr Mortgage:6.47%
CPI Inflation (YoY):4.2%

Source: FRED

Market Demographics

Census ACS 2024
Population10,730,404
Median Income$72k
College Educated32.0%
Median Age39.1 yrs
Median Home Value$289k
Unemployment4.7%↑ 1.1pp

2024 American Community Survey 5-Year Estimates •Released annually by U.S. Census Bureau

Rent vs. Market

$9

On par with market

Listed at $9.0/sqft/mo vs. market avg $9.00/sqft/mo

Assumptions
  • Market comparison: industrial in concord, NC

More Industrial for Lease in Concord, NC(5)

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Listed by

CBRE System Import