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Second-Generation Restaurant Space
For Lease
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1531 Cinema Drive, Statesville, NC 28625

For lease second-generation restaurant space designed for continuity of food service operations.

Days on Market58

Property Features for 1531 Cinema Drive

General Information

Standard status Active
Property subtype Retail, Restaurant
Listing Agency: BCB Real Estate
Listed By: Michael Dupree · License #NC 300859
Source: Crexi
Added: Jun 3 Changed: Jul 10 Last Checked: Jul 29 at 4:43PM

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 BCB Real Estate

Investment Insights

Based on property information with market context.

This offering is a second-generation restaurant space available for lease, reflecting a layout and improvements intended for restaurant use rather than a blank canvas. For operators looking to bring back or continue restaurant activity, the space is specifically presented as restaurant-ready for an incoming tenant.

Located at 1531 Cinema Drive in Statesville, North Carolina, the space is positioned for day-to-day restaurant operations. As a dedicated restaurant property, it is best suited for concepts that want an environment already aligned with food service requirements.

Tenants and restaurant groups evaluating the location can consider this unit for established workflows and a faster path to reactivating a restaurant business compared with space that is not previously configured for dining or service. Leasing this second-generation restaurant space can be a practical fit for brands that value continuity of use and an asset identified specifically for restaurant operations.

Key Highlights

  • Second‑generation restaurant space designed for continuity of food service operations
  • For lease

Property Analytics

Current Use

Ellison Lor - State ... Insurance Agency Rice Fun Restaurant Homecare Management Corporation Home Health Care Service Aura Hookah Lounge Bar & Pub Abundant Life Physical ... Physician

Suggested Use

Top Pick Dental Office Parking Lot & Garage HVAC Service Gym & Fitness Center Accounting Firm Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

312
Businesses Nearby
122k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 39% Shops & Services 32% Groceries 23% Hotels & Casinos 5%
Food Lion Grocery Store Groceries
28,181 visits/mo 0.3 miles
Bojangles' Famous Chicken 'n Biscuits Dining
16,678 visits/mo 0.5 miles
Outback Steakhouse Dining
14,503 visits/mo 0.2 miles
Burger King Dining
11,604 visits/mo 0.5 miles
State Employees Credit Union Shops & Services
10,101 visits/mo 0.3 miles

Demographics for 28625, NC

38,396
Population
16,917
Households
2.3
Avg Household Size
43
Median Age
21%
College-Educated
89%
High-School Grad
199.3 sq mi
ZIP Area
193
Density / Sq Mi
$64,657
Median Household Income
$38,123
Median Earnings
$996
Median Rent
$216,000
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Similar Off Market Nearby

  • Shang Hai Buffet — 1642 E Broad St, Statesville, NC 28625

Frequently Asked Questions

What type of property is this?
Conventional restaurant - For lease second-generation restaurant space designed for continuity of food service operations.
Where is this conventional restaurant located?
The property is located at 1531 Cinema Drive Statesville, NC.
What are key features of this property?
This property features: Second‑generation restaurant space designed for continuity of food service operations; For lease
More about this property
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