Concord, NC Retail Property For Sale

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Retail for Sale

Concord, NC 28025

$415,000 Purchase Price ($48 PSF) 

+/- 8,562 total Sq. Ft. 

19,500 CPD Traffic Counts

C-2 Commercial zoning

+/- .75 Acres with +/-28 Parking spaces

Two free standing buildings located near downtown Concord with great visibility on Church St.  Main building consisting of 7,600 SF and smaller building has 962 SF.  Less than 5 miles from I-85, downtown Concord, CMC Northeast Hospital, banks, restaurants, retail centers, gyms, and much more.  ** Roof and 2 out the 4 HVAC systems need replacements on larger building, seller has already adjusted the listing price. Smaller building tenant occupied, please do not disturb.

Retail for Sale

Concord, NC 28027

Current NOI $192,000 (3% bump on 10/31/20) NOTE* - Tenant has been allowed to pay a reduced rent of $7,000/month due to COVID19 restrictions. Seller is willing to sell the property free of a lease encumbrance.

CAP Rate 8.17% (Based on first year NOI, does not factor in annual increases)

NNN Lease (10 yr) in place through 10/31/2029 with 3% escalation per year

5,022 SF Building Area, built in 2008, excellent condition

1.41 Acre Outparcel, Zoned CD

Ample Parking - 68 spaces on-site (includes 3 HC spaces)

High Visibility, maintained hardscape and landscape

Conveniently located at I-85 and Exit 54 in Afton Ridge Shopping Center

Center anchored by SuperTarget, PetSmart, Dick's, Marshalls + more

Retail for Sale

Concord, NC 28025

Industrial for Sale

Concord, NC 28027

Currently being used as race/performance shop. Can be used for many other purposes but is turn key for automotive use. Most equipment available for sale to stay. Beautiful showroom at entrance. Two private offices, break room, large open car area with 6 lifts. Tear down room, fabrication room, assembly room, dyno room with in ground all wheel drive Superflow dyno. On over 1.5 acre lot. Currently owner occupied and can vacate within about 30 days. Will not stay on as tenant. 9000 average vehicles per day. Plenty of parking. 2 roll up doors. No interior load bearing walls to can be configured however you like. Would make a great warehouse or any flex use. Convenient to Hwy 29, 49, and I-85. Has grandfathered zoning so may be used for most purposes including car sales.

Retail for Sale

Concord, NC 28027

This former Credit Union is in fabulous shape. The building was built in 1988, completely renovated in 2007 and is serviced by 4 drive through lanes. Large monument pole sign which may still be allowed by the City of Concord. Two points of egress and ingress, both at a signalized intersection. Large lot. Well positioned in Concord, NC on heavily traveled US HWY 29.

Retail for Sale

Concord, NC 28025

Prime Commercial Investment Opportunity in the heart of Concord! Don't miss this opportunity to own this prime commercial property with current tenants and potential for more!

Retail for Sale

Concord, NC 28027

This property has approximately 15,000 Square Feet of retail space. Current tenants consist of an Event Center, furniture/antique/auto detailer/seller, an additional large auto sales tenant, Church, screen printer and a barber shop. 800 and 5000 square foot suites are currently available.

Center is in excellent repair.

All roofing is new.

HVAC is new or in excellent condition.

Center is well maintained

Gross Income Annual Income $81600

Gross Annual Costs $45000

Retail for Sale

Concord, NC 28025

• ± 3,500 SF automotive service center

• Zoned C-2 General Commercial

• Cabarrus County parcel ID 5621437592

• 4 drive-in service bays

• Good parking and signage

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