Industrial & Logistics

CBI Distribution Center

2817 Westinghouse Blvd Charlotte, NC United States 28273
Asking Price Contact for pricing
Sq. Footage N/A
NOI Net Operating Income N/A
Cap Rate N/A

Attributes

Year Built 2017

Property Description

CBI DC presents the opportunity to acquire a rare Class A warehouse, which are currently in high tenant demand and incredibly costly to duplicate in today’s construction climate. Consisting of timeless tilt-up concrete construction, the 150'-deep front-load facility features modern glass lines and a multitude of institutional features such as 24' clear height, ESFR sprinkler system, motion-sensored LED lighting and a 45 mil TPO roof with a 15-year warranty. The facility sits on a 9.48-acre parcel which includes a rough-graded, fully compacted expansion pad capable of accommodating 14,000 square feet of additional space. Situated in the high barrier to entry Southwest submarket, which has averaged 94% occupancy over the past decade, CBI DC represents the opportunity for investors to have ownership in the Carolinas’ premier industrial location.

Investment Highlights

On behalf of The Keith Corporation, Jones Lang LaSalle Americas, Inc. (“JLL”) has been retained as the exclusive sales representative for the CBI Distribution Center (“CBI DC”) – a 60,000 square foot Class A distribution facility that is 100% leased to Carolina Business Interiors (CBI) and features 11 years of remaining lease term. Originally constructed as a build-to-suit for CBI in 2017, the property houses mission-critical operations, serving as the company’s primary distribution and warehousing center for the Southeastern United States. The facility is strategically located in the heart of Charlotte, North Carolina’s highly coveted Southwest submarket and sits within two miles of the I-77 and I-485 interchange. From this advantageous position, CBI DC enjoys unparalleled regional connectivity and distribution capabilities with direct access to Uptown Charlotte, Charlotte Douglas International Airport and the market’s fastest-growing suburbs – all within a 20-minute drive.
Christopher Norvell
Christopher Norvell
Senior Managing Director
Patrick Nally
Patrick Nally
Director
Licensed in
282053

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