2701 Simpson Street, Monroe, NC 28112

Property Description

±87,500 SF food processing and cold storage facility situated on approximately ±30.50 acres in the heart of Monroe’s established industrial corridor. The property is zoned General Industrial (GI) and is positioned directly adjacent to Tyson Foods’ major production complex, placing it within one of the region’s core food processing clusters. Originally constructed in 1950 and significantly renovated in 2019, the facility was in active use until approximately August 2023 and was previously USDA inspected and SQF Edition 8.1 certified during prior operations. The building layout supports cold production, packaging, staging, ambient storage, dry storage, and secured caged storage areas, in addition to office space, locker rooms, restrooms, and a breakroom/canteen. Cold storage infrastructure includes renovated freezers and coolers (approximately 2019) utilizing KeepRite refrigeration systems. Ceiling heights range from approximately ±10’ to ±21’ clear. The facility is served by robust 277/480V three phase power with one 1,000 kVA pad mounted transformer and two 2,000 kVA platform mounted transformers. Both wet and dry sprinkler systems are in place. Loading configuration includes six dock high doors (8’ x 8’), consisting of three cold receiving and three shipping docks, along with two drive in doors at the compactor room. Covered truck bay and canopy structures provide additional staging and service flexibility. The site is fully fenced with an electronic vehicle gate at the entrance. A significant differentiator is the onsite industrial wastewater treatment system with a capacity of approximately 1,000,000 gallons per day (four 250,000 gallon cycles per day), designed to treat water prior to discharge into the municipal system. City utilities include water, sewer, natural gas, and electricity. In addition to the main building, the property includes a detached maintenance building with drive in access and a separate boiler/storage building (boiler currently inoperable), also with drive in access. An active rail line runs along the rear boundary of the property and potential spur access may be feasible, subject to verification. Of the ±30.50 acres, approximately eight acres are developed with the balance primarily wooded. The site includes remnants of historic foundations from a former World War II prisoner of war camp. The property is subject to recorded easements and encumbrances including municipal easements, utility rights of way, railroad access, mineral and riparian rights, and related matters as reflected in public records. Buyer to verify all information, systems, measurements, certifications, utilities, and equipment functionality. Located approximately four minutes from Highway 74, the property offers convenient access to Charlotte and Wilmington with minimal congestion for truck traffic. Union County Economic Development has historically supported industrial operations in this corridor and incentive programs, including potential property tax rebates for qualifying employers, may be available. This offering presents a rare opportunity for an owner user seeking a purpose built food processing and cold storage facility with substantial utility infrastructure already in place, or for an investor seeking a specialized industrial asset with long term repositioning potential.