2460 Davie Avenue

The manufacturing sector in Statesville is experiencing robust growth. According to the Statesville Regional Development, the area’s top 10 employers are comprised of numerous advanced manufacturing entities, including Doosan Portable Power, Kewaunee Scientific, and Pratt Industries. This prosperity can be attributed, in part, to the presence of a highly skilled workforce in Statesville, complemented by substantial workforce development opportunities accessible to aspiring professionals seeking to enter this fieldDavie Ave presents the opportunity to acquire 33,530 SF of well-located, fully leased industrial in Statesville, NC, with the opportunity to “mark-to-market” 13,717 SF occupied at rates approximately 63% below market through December 2024. The 19,858 SF is occupied by a credit tenant at market rents through mid-2025 with renewal options, proving a directly comparable lease for future leasing efforts. After leasing this space at market rent, the NOI will increase over 50%; this jump is caused by increased rent and expense pass throughs.Introducing 2460 Davie Ave, a premier industrial property available for lease in Statesville, NC. This expansive space around the Charlotte MSA offers a strategic location with convenient access to major transportation routes, making it an ideal hub for manufacturing, distribution, or warehousing operations. Boasting higher ceilings, bay doors, and a spacious floor plan, this property provides the versatility and functionality needed for industrial endeavors.