Concord, NC - Intelligent Tool Corp

Description:

SRS Real Estate Partners is pleased to offer the opportunity to acquire the fee simple interest in a newly leased industrial property located in Concord, North Carolina. The tenant will execute a brand-new 5-year absolute NNN lease at the close of escrow, providing immediate, predictable income with long-term security. The lease features 2% annual rent increases, ensuring steady net operating income growth and a natural hedge against inflation. The tenant, Intelligent Tool Corp,
is well positioned for sustained success, supported by both local and national momentum in the sectors they serve, including aerospace, automotive, and domestic manufacturing. The property is offered on an Absolute Triple-Net (NNN) basis, with the tenant responsible for all operating expenses, including taxes, insurance, CAM, and maintenance. With no landlord responsibilities, this asset represents an attractive, management-free investment opportunity, particularly well suited for passive or out-of-state investors seeking reliable cash flow.

Strategically positioned just off Interstate 85 (134,000 VPD), the property offers direct access to one of the Southeast’s most heavily traveled commercial corridors. It is also located just minutes from Kannapolis Parkway (38,500+ VPD), further enhancing regional accessibility and workforce mobility. The location provides excellent connectivity to Charlotte, NC, one of the nation’s fastest-growing industrial and logistics hubs. The surrounding 5-mile trade area includes a population of over 110,000 and nearly 46,000 employees, ensuring access to a deep labor pool and strong consumer base. As the local submarket continues to experience growth in demand for light industrial and logistics facilities, the property is well-positioned for long-term operational success and value preservation. This offering represents a rare opportunity to acquire a passive, income-generating asset with a new Absolute NNN lease, built-in rent growth, and exceptional real estate fundamentals in a high-demand industrial corridor.