Updated Nov 9, 2026
Delta Mold, LLC Leases 42,000 Square Feet At EastGroup Properties' Skyway Logistics Park In Charlotte
3720 Shopton Road
Building Size
42,000 SF
Asset Type
Industrial
Closing
Nov 6, 2026
About this deal
AI
An industrial property consisting of 42,000 square feet located at 3720 Shopton Road in Charlotte, NC. This asset is part of EastGroup Properties’ Skyway Logistics Park.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Landlord: Marshall A. Loeb - EastGroup Properties
- Tenant: Delta Mold, LLC
- Brokers: Brad Cherry & Rich Grieder - JLL; William Whitley & Chris Vasbinder - New South Properties of the Carolinas
This lease transaction sees Delta Mold, LLC occupying the new distribution center with a commencement date of November 1, contributing to the company's total industrial footprint in Charlotte, which now totals 122,000 square feet. This deal also facilitates additional capacity for manufacturing by freeing up space in Delta Mold’s existing facilities.
On the Map
Industrial
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Players
Shopton Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93