1609 Airport Rd

1609 Airport Rd offers a strategic position within Monroe’s established industrial corridor, delivering a clear logistical advantage for users operating across the greater Charlotte region. The property sits directly across from Charlotte-Monroe Executive Airport, a full-service general aviation facility and a designated reliever to Charlotte Douglas International Airport, supporting efficient corporate and cargo aviation access. The site also benefits from immediate connectivity to US-74 and the Monroe Expressway, providing seamless linkage to I-485, I-85, and I-77. This infrastructure supports efficient inbound logistics, streamlined outbound distribution, and convenient access for a regional workforce. Surrounded by established industrial users near Monroe Corporate Center, the property is positioned within a proven and active manufacturing hub. This location connects directly to the depth of the Charlotte MSA labor pool, along with Union County’s skilled manufacturing workforce, both of which are key drivers for long-term operational success. In addition, the area offers competitive operating costs, access to workforce training programs, and potential state and local incentives. These fundamentals continue to attract demand from light manufacturing, warehousing, and regional distribution users, reinforcing the property’s long-term viability and strategic value.1609 Airport Road is a 111,500 SF industrial facility on 9.46 acres in Monroe, North Carolina, offered as a stabilized investment opportunity at an asking price of $9,560,000, which equates to $85.74/SF and a 7.69% cap rate. The property was originally built in 1978 and renovated in 2007, is zoned GI (General Industrial), and features 16’10"–25’ clear heights, 8 dock doors, 4 drive-ins, masonry/brick construction, and a fully sprinklered and conditioned (October 2026) warehouse. This offering presents an investor the opportunity to acquire a stabilized industrial asset in the Charlotte MSA that is 100% leased to an operating business tied to Akona Process Solutions, a newly formed and sponsor-backed industrial platform, and 3M. The combination of in-place cash flow, industrial functionality, Union County location, and tenancy connected to a larger strategic manufacturing operation makes the property an attractive lower-management industrial investment. Akona Process Solutions is the newly formed parent platform created through the 2025 merger/rebrand of Advanced Material Processing and Automated Handling Solutions, backed by May River Capital. Akona now encompasses legacy brands including Spiroflow, Kason, Cablevey, and Marion, making the connection to this property especially relevant because Spiroflow is now part of Akona’s broader operating platform. The Monroe facility is integral to their strategy as a major manufacturing, testing, and customer collaboration hub serving process-intensive end markets such as food & beverage, pharma, nutraceuticals, pet food, and specialty chemicals.