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1000 Stanley DrConcord, NC 28027
1000 Stanley Drive
Asset ClassIndustrial

Overview

Cushman & Wakefield’s National Industrial Advisory Group is pleased to offer the opportunity to acquire 1000 Stanley Drive (the “Property”), a 928,283 SF cross-dock distribution facility situated on a ± 130-acre site that can accommodate the future development of up to three additional buildings

totaling ± 660,000 SF located in the dynamic Southeast growth market of Charlotte, NC. Owned and occupied by Stanley Black & Decker since delivery in 1996, the company is consolidating its existing distribution operations outside of the Charlotte market and will occupy the Property under a proposed 1-year lease-back term, providing investors with short term cash flow and a unique and highly compelling re-leasing/re-positioning opportunity with significant future development potential.

 

Strategically located just one mile from a full diamond I-85 interchange in Charlotte’s premier Cabarrus County industrial submarket, the Property

occupies a central location proximate to Charlotte’s major transportation throughfares and booming MSA population of over 2.8 million residents,

making this a highly sought-after distribution hub for name brand global and national companies. 1000 Stanley Drive features modern Class A industrial design characteristics and layout that will be immediately appealing to both manufacturing and distribution users including 32’ clear height, LED lighting, ESFR fire protection, heavy power, abundant truck and auto parking, and fully secured truck courts with guard houses and automatic gates.

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1000 Stanley DrConcord, NC 28027

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Listing provided by Revere CRE