Leased Restaurant Property Near
For Sale
$3,898,706
4824 Berewick Town Center Dr, Charlotte, NC 28273
Profitable investment opportunity with a desirable NNN lease term.
Property Size81 SF
Price / SF$48,132
Days on Market261
Property Features for 4824 Berewick Town Center Dr
General Information
Standard status
Active
Size
81 SF
Property subtype
Retail
Listing Agency:
Coldwell Banker Commercial Realty
(704) 649-0440
Listed By:
Vasili Kakavitsas · License #122685
(704) 649-0440
Source:
Cbcworldwide
Added: Dec 3, 2025
Changed: Jul 6
Last Checked: Apr 9 at 9:00PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Realty
Investment Insights
Based on property information with market context.
This 0.81-acre property is a leased investment opportunity located in a bustling corridor near the Charlotte Premium Outlets. The property is currently leased to Margarita Mexican Restaurant, a successful restaurant chain with multiple locations. The NNN lease has approximately 5.5 years remaining with two 5-year options, and features annual rent increases of 2%. The property is situated near the entrance to the Berewick Master Plan Community, which includes over 2,000 homes and townhomes, more than 500 apartments, a 130-key hotel, and 16,000 square feet of medical office space. It is less than 0.5 miles from Exit 4 on I-485, with a traffic volume of 129,000 vehicles per day, and is an outparcel to the Berewick Town Center, anchored by Harris Teeter. The surrounding submarket is affluent, with an average household income exceeding $150,000 within a 1-mile radius, and strong projected population growth. The property is approximately 10 minutes from Charlotte Douglas International Airport and near a substantial industrial presence of 7.6 million square feet within a 2-mile radius. The future River District, a 1,300-acre development with 8 million square feet of office space, 500,000 square feet of retail, and thousands of homes and apartments, is also nearby. The tenant fully reimburses CAM.
Key Highlights
- Income‑producing property with Margarita Mexican Restaurant tenant (6 locations) evidenced by monthly sales.
- Desirable NNN lease term with 5.5 years remaining and two 5‑year options with 2% annual rent increases.
- Located near Charlotte Premium Outlets and Berewick Master Plan Community (2,000+ homes & townhomes, 500+ apartments).
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
562
Businesses Nearby
25k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Circle K
Shops & Services
11,054 visits/mo
0.5 miles
Dollar General
Shops & Services
9,505 visits/mo
0.3 miles
Napa Auto Parts
Shops & Services
3,104 visits/mo
0.4 miles
Public Storage
Shops & Services
1,145 visits/mo
0.4 miles
Demographics for 28273, NC
41,404
Population
19,236
Households
2.2
Avg Household Size
35
Median Age
39%
College-Educated
90%
High-School Grad
22.5 sq mi
ZIP Area
1,840
Density / Sq Mi
$84,739
Median Household Income
$45,193
Median Earnings
$1,671
Median Rent
$304,900
Median Home Value
Market
Vacancy Rate% for Retail in Charlotte, NC
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Profitable investment opportunity with a desirable NNN lease term.
Where is this conventional restaurant located?
The property is located at 4824 Berewick Town Center Dr Charlotte, NC.
What is the asking price?
The asking price for this property is $3,898,706.
What are key features of this property?
This property features: Income‑producing property with Margarita Mexican Restaurant tenant (6 locations) evidenced by monthly sales.; Desirable NNN lease term with 5.5 years remaining and two 5‑year options with 2% annual rent increases.; Located near Charlotte Premium Outlets and Berewick Master Plan Community (2,000+ homes & townhomes, 500+ apartments).
