Retail Space with
For Lease
Contact for pricing
48-56 Union St S, Concord, NC 28025
Approved plans and completed infrastructure work provide a foundation for the next buildout.
Space Size5,000 SF
Property Size5,700 SF
Days on Market9
Property Features for 48-56 Union St S
General Information
Standard status
Active
Size
5,000 SF
Net Rentable
5,700 SF
Property subtype
RETAIL
Lease Type
NNN
Space & Availability
Available Space
5,700 SF
Contiguous Space
5,700 SF
Floor
Ground + Mezzanine + Basement
Site & Location
Road Access
Yes
Utilities to Site
Yes
Additional Details
Sprinkler System
Yes
Patio
Yes
Amenities
outdoor seating areas
dual street access
signage opportunities
mural opportunities
approved plans
Spaces For Lease
at 48-56 Union St S
Retail | Recreation | Dining
$21/SF/Yr
Floor
Ground
Size
5,000 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE
Sublease
No
Bring your concept to the heart of Downtown Concord.
Located in the historic PM Morris Building at 56 Union Street South, this approximately 5,000 +/- SF space offers a unique opportunity for a retail, recreation, or dining concept seeking a distinctive downtown setting.
The space combines the character of a historic building with a significant head start on its next use. A previous upfit was well underway, with substantial infrastructure and construction work already completed. The building is fully sprinklered, has substantial sewer capacity, and already has approved plans in place. Those plans can be readily adapted to a new concept, potentially reducing design time and accelerating the path to construction and opening.
The main level is complemented by an approximately 700 SF mezzanine, additional basement storage, and outdoor seating areas. Access from both Union Street and Market Street provides additional flexibility, while the rear of the building offers opportunities for signage or a mural.
Positioned directly across from Cabarrus Courthouse Plaza and the Cabarrus Arts Council, surrounded by the continued residential and commercial growth of Downtown Concord, 56 Union offers the scale, infrastructure, and character to create a destination shop, restaurant, or recreation-oriented business.
Contact us
Listing Agency:
Mortice Commercial Real Estate LLC
(704) 684-1958
Listed By:
Steven Tice, CCIM · License #168957
(704) 794-2294
Source:
Moodyscre
Added: Oct 6
Changed: Oct 10
Last Checked: Oct 12 at 5:39PM
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 Mortice Commercial Real Estate LLC
Investment Insights
Based on property information with market context.
This downtown Concord retail space spans approximately 5,000 SF, with a roughly 700 SF mezzanine, basement storage, and outdoor seating areas. A prior buildout advanced through substantial construction and infrastructure work. The building is sprinklered, has substantial sewer capacity, and has approved plans that may be adapted to a new concept.
Entrances from Union Street and Market Street offer access from both sides of the building. Cabarrus Courthouse Plaza and the Cabarrus Arts Council are directly across the street. The rear wall also presents an opportunity for signage or a mural.
Entrances from Union Street and Market Street offer access from both sides of the building. Cabarrus Courthouse Plaza and the Cabarrus Arts Council are directly across the street. The rear wall also presents an opportunity for signage or a mural.
Key Highlights
- Approximately 5,000 +/- SF of retail space
- Approximately 700 SF mezzanine, plus basement storage
- Fully sprinklered building with substantial sewer capacity
Property Analytics
Current Use
Lease Details
Yes
Sprinkler system
Yes
Paved road access
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$3.15 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,289
Businesses Nearby
17k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Fifth Third Bank & ATM
Shops & Services
5,927 visits/mo
0.1 miles
Wells Fargo
Shops & Services
5,855 visits/mo
0.2 miles
Truist
Shops & Services
5,293 visits/mo
0.1 miles
Demographics for 28025, NC
58,260
Population
23,759
Households
2.5
Avg Household Size
38
Median Age
33%
College-Educated
91%
High-School Grad
108.4 sq mi
ZIP Area
537
Density / Sq Mi
$79,271
Median Household Income
$43,167
Median Earnings
$1,223
Median Rent
$264,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Approved plans and completed infrastructure work provide a foundation for the next buildout.
Where is this retail space located?
The property is located at 48-56 Union St S Concord, NC.
What is the lease rate?
The lease rate is $21 SF/Yr.
What are key features of this property?
This property features: Approximately 5,000 +/- SF of retail space; Approximately 700 SF mezzanine, plus basement storage; Fully sprinklered building with substantial sewer capacity
