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3201 Rotary Drive

Jadian IOS Acquires Industrial Property In Charlotte North Carolina From Pete Jernigan For $8.575M
SOLDIndustrial

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

Lyman Phillips

Golden Lion Capital Investments

Broker

$439.2M

vol

26 deals

Broker
Jadian IOS
Jadian IOSBuyer

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