Industrial at 1032 Central Drive NW, Concord
Industrial at 1032 Central Drive NW, Concord, photo 2 of 3
Industrial at 1032 Central Drive NW, Concord, photo 3 of 3
3 photos

$2,600,000

1032 Central Drive NW
Concord, NC 28027
Listed by Pat Flanagan · Century 21 Providence Realty
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1998

About this home

Stabilized multi-tenant industrial investment opportunity in one of Cabarrus County's most established industrial corridors.? The property is 100% occupied by three established tenants and generates approximately $159,745 Proforma annual Net Operating Income (NOI), providing immediate, predictable cash flow for investors.? The diversified tenant mix helps reduce vacancy risk while offering stable long-term income.? The property consists of approximately 15,980 square feet on ±1.15 acres and is strategically located just minutes from Interstate 85, providing excellent connectivity to Charlotte, Concord, Kannapolis, and the surrounding industrial markets.? The location offers convenient access to major transportation routes, labor pools, and regional distribution networks.? This is an excellent opportunity for investors seeking a stabilized industrial asset with in-place income, strong market fundamentals, and continued demand for industrial space throughout the Charlotte MSA.?

Property details

MLS
Canopy MLS
MLS #
CAR4402934
Property type
Industrial
Subdivision
N/A
Status
Active
Days on market
3
On market date
July 10, 2026
Stories
1
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Winecoff Elementary
0.85 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
2.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
708
Student:teacher ratio
14.2:1
District
Cabarrus County Schools
Middle
Northwest Cabarrus Middle
3.13 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.7
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
814
Student:teacher ratio
17.0:1
District
Cabarrus County Schools
High
Cabarrus-Kannapolis Early Coll
2.58 mi away · Grades 9-13
Zoned school (attendance boundary, 2015-16 data)
3.8
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: A (2025)
Enrollment
240
Student:teacher ratio
30.0:1
District
Cabarrus County Schools

Walkability

Blended score for Concord's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

76
Walkable
out of 100
EPA National Walkability Index
14.0 / 20 -- Above average walkable
Google Places amenity density
85 / 100
Restaurants & cafes20
Grocery stores9
Parks0
Schools8
Transit stops20
Pharmacies9

Market position

How this listing compares to current activity in Concord, from live MLS data.

On the market 3 days -- 65 fewer days than Concord's current average of 68 days.
For reference, the median list price across 644 active listings in Concord right now is $352,450.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$15,808/mo
$520,000 down
$2,080,000 loan
Principal & interest$13,491
Property tax (est.)$2,167
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated July 13, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.