Industrial/Flex Space in Sardis Church Business Park
$1,990,000
5520 Cannon Dr, Monroe, NC 28110
For Sale
Industrial
Flex Space
Active
Last Updated: 08/17/2026
12,240 sqft
Building Size
0.88 acres
Lot Area
Details:
Building Size: 12,240 sqft
Lot Area: 0.88 acres
Occupancy: 75%
Class: C
Units: 4
Year Built: 1997
Floors: 2
Highlights:
- - Four total units, including one double unit (103/104) leased to a single tenant.
- - Units 101 and 103/104 are on carry‑over under market leases, giving a new owner flexibility to renegotiate or terminate easily.
- - Unit 102 is vacant and offers 1,950 SF downstairs plus 500 SF upstairs—ideal for an owner‑user or new tenant.
- - Warehouse sections feature 20' ceiling heights for efficient storage and industrial use.
- - Current gross rents total $60,000/year from Units 101 and 103/104, providing immediate income. Unit 102 is actively marketed at $14.50/SF, offering strong lease‑up upside.
Description:
5520 Cannon Dr is a 12,240 SF industrial investment offering immediate income and clear upside. Strong fit for an owner/operator who wants to occupy Unit 102 and grow into additional units over time, or for an investor looking to stabilize rents to market.
Excellent industrial park location with direct access to Hwy 74, the Monroe Expressway, and Hwy 485. Monroe mailing address but physically in Indian Trail, right off Independence Blvd. Quick, efficient access to the Charlotte market—ideal for distribution, service, and operational users.
Documents:
| Title | ||
|---|---|---|
| CBC_-_Brochure__P_.pdf |
* Documents permissions are set by the listing owner, request information to access locked documents.
Location
