Carolina Industrial Park | Mt. Holly, NC
Property Type: Industrial
Location: Mt. 1310 Charles Raper Jonas Hwy, Mount Holly, NC 28120
Total SQFT: 378k
Description: In July 2023, Red Hill Ventures added 1310 Charles Raper Jonas Hwy, an industrial site that was later named Carolina Industrial Park, to their commercial real estate portfolio. The park, located in Mt. Holly, NC, spans 72 acres and 335,400 square feet of industrial space and 39,600 square feet of office space, featuring outside storage, high-capacity power, and extensive truck loading facilities. Carolina Industrial Park has a rich history of industrial innovation, and is a longtime symbol of economic prosperity for Gaston County
At the time of acquisition, the park had a 38% occupancy rate, but it is now over 94% occupied and showing a tremendous turnaround. Through repurposing the park to a multi-tenant site, Red Hill has been able to revitalize the center and restore the history of success.
Current tenants of Carolina Industrial Park include Auto Truck Transport, Boxman Studios, Gaston Electrics, Freightliner, Metro Print, and Worth Supply.
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The site is conveniently located 4.9 miles to I-85, 5.5 miles to I-485, and 10.3 miles to Charlotte Douglas International Airport.
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Outside storage, 32 heavy cranes, heavy power and ample truck loading. At +/- 38,000 SF, the office building includes an open administration area, private offices, reception area, breakroom, and restrooms
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The Gaston County Dyeing Machine Company, founded in 1921 by a local textile mill owner and an engineer, was a pioneer in textile industry innovation. Known for developing the Cloth Beam Dyeing Machine and the Jet Dyeing Machine in the 50s and 60s, the company relocated its corporate offices to a new facility in Mt. Holly in the 70s. Over the decades, they continuously upgraded their operations, maintaining their industry-leading status. Gaston Electrics, a product of the original executives' innovation, remains onsite and is now run by the third generation of the Gaston Dye business.
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With ~35 acres of timber, Carolina Industrial has capacity to accommodate 21.5 acres of additional surface lot or approximately 250kSF of new build to suit. Red Hill is exploring site massing and is currently engaged with prospective tenants for portions of the expansion.
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