Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    316 George W Liles Pkwy Concord, NC 28027

    Sponsored
    For Sale
    $3,047,000

    High-yield, corporate-guaranteed dental office.

    Property size:
    4,262 SF

    Description

    Added:
    Feb 11, 2025
    Days on Market:
    330
    This exceptional Class A, 4,262 square foot storefront, located at 316 George W Liles Pkwy, Concord, NC 28027, presents a compelling net lease investment opportunity. The property boasts a 6.00% cap rate and a strong NOI of $182,840, anchored by a 10-year lease (commencing August 25, 2022, and expiring August 30, 2032) with Heartland Dental, a corporate guarantor. The lease includes 10% rent bumps every five years, providing an inflation hedge for the investor. Situated on a 1.35-acre lot with 121 feet of road frontage and convenient access to a lighted intersection, this property benefits from its prime location less than a half-mile from Harris Teeter and less than 1.5 miles from I-85. The high-income trade area boasts an average household income exceeding $130,943 within a two-mile radius, with a population of 108,000 within a five-mile radius. The area's strong growth is further evidenced by a 33% population increase between 2010 and 2020. The property's proximity to several schools, including West Cabarrus High School, Waddington Hills Elementary, Harold E. Winkler Middle School, Cannon School, and Cabarrus Charter Academy, adds to its appeal. This fee-simple offering provides a secure, high-return investment in a thriving Charlotte MSA market, which experienced 2.86% growth in 2022 and over $2.2 billion in capital investment in Q1 2023. The lease structure is NN, minimizing landlord responsibilities. Four five-year lease options are available.

    Property Features for 316 George W Liles Pkwy

    General Information

    Property type
    Individual retail properties
    Square Feet
    4,262 SF
    Class
    A
    Lot Size
    58,806 SF

    Building Details

    Year Built
    2022

    HighLights

    • $3,047,000 asking price for a 4,262 SF Class A retail storefront in Concord, NC.
    • Net lease investment with a 6.00% cap rate and $182,840 annual NOI.
    • Ten‑year lease with Heartland Dental, a corporate guarantee, and 10% rent bumps every five years.
    • Located in a high‑income area of the Charlotte MSA, with strong population growth and proximity to major retailers and I‑85.
    • Excellent visibility with 121 feet of road frontage and access to a lighted intersection.
    • Situated near several schools, further enhancing the area's demographics.
    Property Profile Location Intelligence

    Current Use by Public Records

    Shae King, DMD Dentist Anastasiya Papeko, DMD Dentist Nemish Shah, DDS Dentist Marlene L. Beeson, ... Dentist Coddle Creek Dental ... Dentist

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Concord
    County
    Cabarrus
    State
    North Carolina
    Longitude
    -80.6700009844
    Latitude
    35.417713575404

    Nearby Similar for Sale

    • New
      $499,999
      0.28 Acres

      Triplex Investment Near Downtown Concord

      Triplex with strong rental history near downtown Concord's amenities.
      374 Union St S, Concord, NC 28025
      View Details
    • $1,100,000
      0.52 Acres

      Retail/Warehouse Space on Hwy 73

      11,488 SF retail/warehouse on 0.52 acres in Concord, NC.
      487 Corban Ave SE, Concord, NC 28025
      View Details
    • $239,999
      0.16 Acres

      Income-Producing Property Near Highways

      Two units, strong rental income, convenient location near amenities.
      111 Crowell Dr NW, Concord, NC 28025
      View Details
    • $325,000
      0.25 Acres

      Commercial Space in Concord, NC

      Commercial space suitable for retail or service businesses.
      556 Newell St NW, Concord, NC 28025
      View Details
    • New
      $340,000
      0.18 Acres

      Turnkey Duplex in Downtown Concord

      Remodeled 2-bedroom duplex, ideal for investors or owner-occupants.
      266 Moore Dr NW, Concord, NC 28025
      View Details
    • $650,000
      0.63 Acres

      Commercial Building in High-Traffic Area

      Stand-alone commercial building in Concord's high-traffic area, ideal for investors.
      225 SE Branchview Dr SE, Concord, NC 28025
      View Details
    • $1,799,000
      14,000 SF

      14,200 SF Industrial Building For Sale

      High-quality industrial building in International Industrial Park with flexible space.
      4312 Republic Ct NW, Concord, NC 28027
      View Details
    • $449,000
      1,858 SF

      New Construction Home in Afton

      New construction home with master down and private courtyard.
      439 Beacon St NW, Concord, NC 28027
      View Details
    • $265,000

      Free Standing Warehouse For Sale

      10,600 SF warehouse with loading dock and drive-in door.
      271 Franklin Ave, Concord, NC 28025
      View Details
    • $489,900

      Two Buildings Near Downtown Concord

      Two adjacent commercial buildings suitable for office, medical, or service use.
      729 Church St N, Concord, NC 28025
      View Details
    • $695,000

      Turnkey Auto Repair Shop For Sale

      Established auto repair shop with real estate in Concord, North Carolina.
      347 Wilshire Ave, Concord, NC 28025
      View Details
    • $324,999

      Turn-Key Restaurant or Office Space

      Zoned B-1, turn-key restaurant or office space in Concord.
      686 Wilshire Ave, Concord, NC 28027
      View Details

    FAQs

    What type of property is this?
    Individual retail property - High-yield, corporate-guaranteed dental office.
    Where is this individual retail property located?
    The property is located at 316 George W Liles Pkwy Concord, NC.
    What is the asking price?
    The asking price for this property is $3,047,000.
    What are key features of this property?
    This property features: $3,047,000 asking price for a 4,262 SF Class A retail storefront in Concord, NC.; Net lease investment with a 6.00% cap rate and $182,840 annual NOI.; Ten-year lease with Heartland Dental, a corporate guarantee, and 10% rent bumps every five years.
    Request Owner's contact information
    316 George W Liles Pkwy Concord, NC 28027
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    316 George W Liles Pkwy
    Concord, NC 28027
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    316 George W Liles Pkwy Concord, NC 28027
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.