Rock Hill, South Carolina, December 31, 2025
Leon Industrial, a Texas-based firm, has acquired a 120,000-square-foot industrial property in Rock Hill, South Carolina, for $11.5 million. This marks its entry into the Charlotte market, with plans to enhance the facility to attract tenants. The area has a low vacancy rate of 7.4%, indicating strong demand for industrial spaces. Enhanced infrastructure and recent developments demonstrate the potential for economic growth in Rock Hill, positioning it as a competitive hub for logistics in the Southeast region.
Rock Hill, South Carolina
Texas-based Leon Industrial has acquired a 120,000-square-foot industrial property in Rock Hill, marking its first venture into the Charlotte-area market.
The facility, located at 2690 Commerce Drive, was purchased for $11.5 million from Graham Capital. Leon Industrial plans to invest in substantial improvements to attract tenants seeking small-bay spaces. The property, built in 1974, sits on nearly 8 acres and includes one grade-level door, 10 dock-high doors, and two exit ramps, with a third under construction. Its proximity to Interstate 77 and Charlotte Douglas International Airport enhances its appeal for logistics and distribution operations.
This acquisition signifies Leon Industrial’s strategic expansion into the Southeast region. The company has recently established a Charlotte office, indicating a commitment to further growth in the area. The Charlotte market has seen increased industrial activity, with a 7.4% vacancy rate as of January, one of the lowest in the region. The national average stood at 8% at that time, highlighting the area’s strong demand for industrial space.
In recent years, Rock Hill has experienced significant industrial development. Notably, Crescent Communities sold the fully leased AXIAL Southgate 77 property in Rock Hill’s Antrim Business Park to Penzance in October 2025. Additionally, Swiss-based SCHNEEBERGER announced plans in July 2025 to establish manufacturing operations in Rock Hill, investing $3.2 million and creating 101 jobs over the next five years. These developments underscore the region’s growing appeal for industrial investments and its strategic location within the Charlotte metropolitan area.
Impacts of Leon Industrial’s Acquisition
Leon Industrial’s purchase reflects a strong interest from outside investors in Rock Hill’s growing industrial sector. The planned improvements demonstrate a commitment to meeting market demands, particularly for companies needing smaller operational spaces. This move can be seen as a catalyst for further investment in the area, potentially leading to job creation and enhanced economic dynamism in Rock Hill and surrounding regions.
Strategic Location Benefits
Rock Hill’s advantageous location close to major transportation routes and facilities—particularly Interstate 77 and Charlotte Douglas International Airport—positions it as a competitive hub for logistics and distribution operations. This added convenience attracts companies looking for efficient access to regional and national markets, bolstering Rock Hill’s attractiveness to businesses and investors alike.
Regional Industrial Market Insights
The industrial real estate market in the Charlotte area is currently thriving, with the low vacancy rate of 7.4% underlining robust demand. For context, the national average vacancy rate is 8%, indicating that the Charlotte region is outperforming many territories across the country. This healthy industrial landscape not only benefits investors but also encourages local entrepreneurs to explore new opportunities for growth within the sector.
Recent Developments in Rock Hill
Besides the recent acquisition by Leon Industrial, Rock Hill has seen a surge in industrial activities. Notable transactions include the sale of the AXIAL Southgate 77 property, which was fully leased, and the establishment of SCHNEEBERGER’s manufacturing operations. These investments signal strong confidence in the York County economy and exemplify how a thriving industrial base can enhance local employment prospects and stimulate business development.
Community and Economic Growth
The continual growth of Rock Hill resonates well with local entrepreneurs and small businesses, emphasizing the benefits of minimal regulatory hurdles that encourage investment. A vibrant industrial sector fosters a climate conducive to innovation, allowing businesses to thrive and adapt within an ever-changing market landscape. The resilience and determination of local stakeholders play a critical role in attracting such significant investments and stimulating job creation throughout the region.
Conclusion
Leon Industrial’s entry into Rock Hill’s industrial market is an encouraging sign of the area’s economic potential. With substantial improvements planned for the newly acquired property and a positive outlook on industrial demand in the region, Rock Hill is well on its way to becoming a key player in the Charlotte metropolitan area’s industrial landscape. Residents and local entrepreneurs can look forward to the opportunities that will arise as Rock Hill continues to nurture its economic growth.
Encouraging our community to support local businesses will be vital in driving sustained economic prosperity. Staying engaged in the growth and development of Rock Hill is essential for reaping the benefits of this promising industrial transformation.
- What is the significance of Leon Industrial’s acquisition in Rock Hill?
- Leon Industrial’s purchase of a 120,000-square-foot industrial property in Rock Hill marks its first venture into the Charlotte-area market, indicating strategic expansion into the Southeast region.
- What improvements are planned for the acquired facility?
- Leon Industrial plans to invest in substantial improvements to attract tenants seeking small-bay spaces, enhancing the property’s appeal for logistics and distribution operations.
- How does the Charlotte industrial market compare nationally?
- As of January, the Charlotte market had a 7.4% vacancy rate, one of the lowest in the region, compared to the national average of 8%, highlighting strong demand for industrial space in the area.
- What other industrial developments have occurred in Rock Hill recently?
- In October 2025, Crescent Communities sold the fully leased AXIAL Southgate 77 property to Penzance. In July 2025, Swiss-based SCHNEEBERGER announced plans to establish manufacturing operations in Rock Hill, investing $3.2 million and creating 101 jobs over the next five years.
| Feature | Details |
|---|---|
| Property Size | 120,000 square feet |
| Purchase Price | $11.5 million |
| Location | 2690 Commerce Drive, Rock Hill, South Carolina |
| Year Built | 1974 |
| Lot Size | Nearly 8 acres |
| Facility Features | One grade-level door, 10 dock-high doors, two exit ramps (third under construction) |
| Proximity | Near Interstate 77 and Charlotte Douglas International Airport |
| Market Vacancy Rate | 7.4% as of January |
| National Average Vacancy Rate | 8% as of January |
| Other Recent Developments in Rock Hill | Sale of AXIAL Southgate 77 property to Penzance in October 2025; SCHNEEBERGER’s $3.2 million investment creating 101 jobs in July 2025 |
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Author: STAFF HERE ROCK HILL
The ROCK HILL STAFF WRITER represents the experienced team at HERERockHill.com, your go-to source for actionable local news and information in Rock Hill, York County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the Come-See-Me Festival, Rock Hill Arts Festival, and motorsport events at the Rock Hill Velodrome. Our coverage extends to key organizations like the Rock Hill Chamber of Commerce and the Culture & Heritage Museums, plus leading businesses in manufacturing and technology that power the local economy such as 3D Systems and Comporium. As part of the broader HERE network, including HEREAiken.com, HEREBeaufort.com, HEREChapin.com, HERECharleston.com, HEREClinton.com, HEREColumbia.com, HEREGeorgetown.com, HEREGreenwood.com, HEREGreenville.com, HEREHiltonHead.com, HEREIrmo.com, HEREMyrtleBeach.com, HERENewberry.com, HERERockHill.com, and HERESpartanburg.com, we provide comprehensive, credible insights into South Carolina's dynamic landscape.
