Jadian IOS Acquires Industrial Property In Charlotte North Carolina From Pete Jernigan For $8.575M
3201 Rotary Drive
$8,575,000
$208/SF
Building Size
41,068 SF
Asset Type
Industrial
Closing
Apr 27, 2026
AI
The transaction involves the sale of an industrial outdoor storage property located at 3201 Rotary Drive, Charlotte, NC. The asset encompasses a total square footage of 41,068 and was acquired for $8,575,000, which translates to a price per square foot of $208.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $8,575,000
- Buyer: Jadian IOS
- Seller: Pete Jernigan - No Bull Properties
- Buyer’s Representatives: Jack Wood, Lyman Phillips & Jeff Feldman - Golden Lion Capital Investments
- Market: Charlotte, NC
- Leased To: Tower Engineering Professionals
Golden Lion Capital is a real estate advisory and investment firm based in Palm Beach, Florida. The firm focuses on industrial, retail, and office assets across the United States and is expanding its national presence, particularly in the greater Charlotte market, through this transaction.
Players
Charlotte Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.85%
Cash-on-Cash
-0.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93