Active
Gateway Industrial Park
Charlotte, NC
Overview
Asset class
Real Estate
Property type
Industrial
Current value
$71,500,000
Acquisition price
$62,800,000
Total appreciation
$8,700,000
Rental yield
6.9%
Occupancy rate
98.2%
Fund
FNTVS Income eREIT
Industrial property
Performance
+13.9%
Total Appreciation
$8,700,000
Appreciation Value
$4,950,000
Annual Rental Income
6.9%
Rental Yield
Property Value Performance
Acquisition:
$62,800,000
Current:
$71,500,000
Total Appreciation:
+13.9%
Holding Period:
52 months
Financial Details
Investment Overview
Acquisition price
$62,800,000
Current market value
$71,500,000
Total appreciation
$8,700,000
Appreciation percentage
+13.9%
Cash Flow Analysis
Annual rental income
$4,950,000
Operating expenses
$1,240,000
Net operating income
$3,710,000
Net cash flow
$3,710,000
Rental yield
6.92%
Cap rate
5.2%
Cash-on-cash return
5.91%
Risk Metrics
Debt-to-value ratio
0.0%
Occupancy rate
98.2%
Holding period
52 months
Return Breakdown
Rental income yield
6.9%
Appreciation contribution
13.9%
Cash yield
7.2%
Total return
20.8%
Property Information
Basic Information
Property type
Industrial
Property class
Class A
Location
Charlotte, NC
Acquisition date
Aug 20, 2021
Status
Active
Income producing
Yes
Physical Characteristics
Total square footage
450,000 sq ft
Rentable square footage
450,000 sq ft
Number of units
3
Number of floors
1
Year built
2020
Price per sq ft
$158.89
Investment Strategy
Strategy type
Buy Hold
Projected exit date
Aug 2029
Fund ownership
100.0%
Key Metrics
Cap rate
5.2%
Cash flow
$3,710,000
Debt-to-value
0.0%
Units
3
Square footage
450,000 sq ft
Rent per sq ft
$11.00/yr
Investment Thesis
Charlotte's central location and transportation infrastructure make it a key distribution hub for the Southeast. The property benefits from the continued growth in e-commerce and logistics.
Location
15420 Gateway Business Park Drive
Charlotte, NC 28273, US
Full Address
15420 Gateway Business Park Drive
Charlotte, NC 28273
Property Type
Industrial - Class A
Year Built
2020
Property Size
450,000 sq ft
Amenities & Features
Property Amenities
32-foot clear height
ESFR sprinkler system
LED lighting throughout
Ample trailer parking
Cross-dock configuration
Energy-efficient design
Key Investment Features
Strategic location near airport and interstates
Long-term lease with credit tenants
Below-replacement cost basis
Growing logistics and distribution market
Our strategy
Real Estate Investment Strategy
Build a diversified portfolio of institutional-quality real estate assets that generate stable income and long-term appreciation
- Expected variability of return: Low to Moderate
- Timing of expected return: Quarterly distributions from rental income
- Primary expected source of returns: Rental income and property appreciation
- Asset focus: Income-generating properties in growing markets
- Geographic strategy: Diversified across major metropolitan markets
- Property management: Professional third-party management with institutional oversight
This section is intended to provide a general overview of the investment strategy for educational purposes only, and is not meant to be representative of the specific details of any individual investment. All investments involve risk; there are no guarantees of any returns.
