Updated Oct 29, 2026
GTJ REIT Acquires Industrial Property On Exchange Street In Charlotte, NC For $28.7M
1000 Exchange Street
$28,700,000
$65/SF
Building Size
435,600 SF
Asset Type
Industrial
Closing
Jan 17, 2023
About this deal
AI
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $28,700,000
- Market: Charlotte, NC
- Buyer: GTJ REIT
- Broker: Adan Elias Kornfeld - Green Holland Management
The industrial sale at 1000 Exchange Street in North Carolina sold for $28.7M in 2023. The building is 435,600 square feet, implying about 65 per square foot on the published price. Named participants on the 1000 Exchange Street sale are Adan Elias Kornfeld. This page is the North Carolina file for the 1000 Exchange Street industrial sold: pricing, party profiles, and other closed industrial comps from the same North Carolina sit in the Market section below. Filter that local industrial set by closing date to see what else sold near 1000 Exchange Street around 2023. Published consideration for 1000 Exchange Street is $28.7M, dated 2023. Cite this GTJ REIT Acquires Industrial Property On Exchange Street In Charlotte, NC For $28.7M sale when underwriting similar industrial product around North Carolina.
On the Map
$28,700,000
$65/SF
Industrial
View full map
Market Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Visit Adan Elias Kornfeld to view all their deals.
Browse North Carolina industrial sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.55%
Cash-on-Cash
-0.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93