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Greenspring Realty Partners Acquires Industrial Asset From David Beddingfield For $1.2M In Charlotte NC

Property Image
SOLD
$1,200,000
Marc D. Smouha
David Salameh

North Carolina

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Industrial6,040 SF
Sold 11/30/2025
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Property Image
SOLD

Greenspring Realty Partners Acquires Industrial Asset From David Beddingfield For $1.2M In Charlotte NC

401 Lawton Road

See Similar Deals
Industrial6,040 SF
Sold 11/30/2025
Marc D. Smouha
David Salameh
the dealplayerscompscontact
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Summary

NORTH CAROLINA
Asset Type:Industrial
Price Per Square Foot:$198
Total Square Footage:6,040 SF
Transaction Type:Sale

This industrial asset is located at 401 Lawton Road in Charlotte, NC. The sale price was $1,200,000 for a square footage of 6,040, resulting in a price per square foot of $198. The transaction was executed off market.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $1,200,000
  • Address: 401 Lawton Road
  • Market: Charlotte, NC
  • Square Footage: 6,040
  • Price per Square Foot: $198
  • Buyer: Greenspring Realty Partners
  • Seller: David Beddingfield
  • Brokers: Marc D. Smouha & David Salameh - Corepoint RE

CorePoint RE facilitated the deal, with Marc D. Smouha and David Salameh representing the seller in this transaction. This closing marks a successful engagement in the Charlotte industrial market.

Players

David Salameh
Corepoint RE
David Salameh
4 deals$8.5M volume(646) 301-9581
BROKER
Corepoint RE
Corepoint RE
BROKERAGE
Greenspring Realty Partners
Greenspring Realty Partners
BUYER

Details

SOLD
IMAGE: David Salameh & Marc D. Smouha DATE: 12/1/2025 ADDRESS: 401 Lawton Road MARKET: Charlotte, NC ASSET TYPE: Industrial BUYER: Greenspring Realty Partners SELLER: David Beddingfield BROKERS: Marc D. Smouha (@Marc_Smouha) & David Salameh (@DavidSalameh_) - Corepoint RE SALE PRICE: $1,200,000 SF: 6,040 ~ PPSF: $198 NOTE FROM BROKER: CorePoint is excited to announce the closing of this Charlotte, North Carolina Industrial Building. This was an off market transaction facilitated by CorePoint RE. We're active nationwide, let's connect! E- [email protected] W- CorePointRE.com

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$64,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,263.34
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,688.61
Annual Debt Service$68,263.35