Oates Crossing

Oates Crossing is a four (4) building, 237,734 square foot Class A shallow-bay industrial portfolio that is highly functional for Charlotte light industrial users and features 20-22’ clear heights, rear-load configuration with dock high loading, truck courts up to 140’ deep, and abundant auto parking. The Portfolio is strategically located less than one (1) mile from I-77 and is perfectly positioned to benefit from rapid northern expansion of the Charlotte industrial market, immense population growth of the Mooresville-Lake Norman area, and proximity to decision maker housing. The Portfolio is currently over 99% leased to fifteen (15) tenants with credit-rated companies such as 3M (S&P: BBB+), Mitsubishi Materials (S&P: A), Ingersoll Rand (S&P: BBB) among many other users who have made significant capital investments into their space. With 4.7 years of WALT and an average suite size of 14,858 SF, Oates Crossing provides investors with the opportunity to enjoy stable in-place cash flow while a consistent rollover schedule affords the opportunity to rapidly and consistently expand NOI. Moreover, the Portfolio includes an additional 8.1 acres of additional land capable of accommodating 64,675 SF of new development.