(2) 100% Occupied Warehouses Next to Airport 130 Piper Ln 70,000 SF 100% Leased Industrial Building Salisbury, NC 28147 $2,050,000 ($29.29/SF) 4.85% Cap Rate

100% occupied income-producing commercial adjacent to Mid-Carolina Regional Airport in RED HOT Rowan County, part of highly-desirable Charlotte-Concord-Gastonia MSA. 12.03 Acres allocated as 9.73 Acres with (2) Industrial / Warehouse Buildings & 2.3 Acres of Excess Land w/ 337 feet of frontage along S. Main St. (US-29) 1.7 Miles from I-85. Zoned LI-Light Industrial w/ many permissible uses. Long-existing local and national tenants on short-term flexible modified gross leases. Below market rents averaging $1.97/SF/ Year presents a significant upside opportunity for purchase. Building 130 was built in 1920 (renovated in 1974) & consists of 4 bays totaling 60,000 SF leased by 3 warehouse tenants. The brick building features 7 Dock-High doors & 4 Drive-In doors, up to 20’ clear heights, and a portion of office space. Building 110 was built in 1929 w/10,000 SF (2) overhead drive-in doors with an auto service tenant. This is part of a family-owned portfolio with multiple income-producing properties for sale in Salisbury. On septic but sewer available to site. Substantial roof upgrade in section in 2020. The OFFERING MEMORANDUM is available for download directly from the Data Room section. It includes Property Details, Photos, & Maps (Pg.1-22) | Rent Roll (Pg. 23) | August 2024 Appraisal (Pg.24-135) | Zoning Use Schedule Pg. 136-138 | Demographics Pg. 139-162.