- For Sale $1,990,000
- Property Type Industrial - Flex - Industrial
- Property Size 12,240 SF
- Units 4
- Lot Size 0.88 Acre
- Property Tenancy Multi-Tenant
- Building Class C
- Year Built 1997
- Date Updated Aug 12, 2026
- Dock High Doors 4
- HVAC None
Description
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.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.
Highlights
- 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 leaseup upside.
- Four total units, including one double unit (103/104) leased to a single tenant.
- Unit 102 is vacant and offers 1,950 SF downstairs plus 500 SF upstairsideal for an owneruser or new tenant.
- Units 101 and 103/104 are on carryover under market leases, giving a new owner flexibility to renegotiate or terminate easily.
- Warehouse sections feature 20' ceiling heights for efficient storage and industrial use.
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Contacts
Peter Rieke
653 - NRT
Location
Located at 5520 Cannon Dr, Indian Trail, NC 28110, this property is part of the Crooked Creek Estates neighborhood and Charlotte market.
Contact Listing Broker
Peter Rieke
653 - NRT
