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Concord, NC (Charlotte MSA) 28027

Slim Chickens

Property Address

948 Concord Parkway North, Concord, NC, USA

Offering Summary

  • Price: $3,567,000
  • Lot Size: 1.10 Acres
  • Cap Rate: 6.35%
  • Year Built: 1999/2023
  • Building SF: 4,081
  • Status: Available
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  • Brand New 20-Year Absolute Triple-Net (NNN) Lease with Multi-Unit Franchisee
  • Five Percent Rental Increases Every Five Years
  • New High-Quality 2023 Renovation
  • 103,982 Residents within a Five-Mile Radius in the Charlotte MSA - Households and Population Projected to Increase Roughly Seven Percent by 2027
  • Outparcel to Lowe's Home Improvement
  • Excellent Access and Visibility Along Concord Parkway North (31,500 Cars per Day)
  • Dense Retail Corridor Location, Surrounded by National Retailers and Down the Road from Carolina Mall
  • Less Than Two Miles from the I-85 Freeway, a Significant Connector in the Area with Direct Access to Charlotte
  • Average Household Income Exceeds $87,000 within Five Miles

Broker Information

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