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Kannapolis Restaurant Property For Sale
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316 Brookdale St, Kannapolis, NC 28083

Restaurant property for sale with existing lease in Kannapolis.

Property Size9,000 SF
Lot Size1.60 Acres
Days on Market718

Property Features for 316 Brookdale St

General Information

Standard status Active
Size 9,000 SF
Lot size 1.60 Acres
Property subtype Retail

Building Details

Buildings 1
Units 1
Listing Agency: Carolinas commercial brokerage
Listed By: Tony Tsurunakis · License #NC 315915
Source: Crexi
Added: Oct 29, 2024 Changed: Oct 11 Last Checked: Oct 14 at 11:28PM

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 Carolinas commercial brokerage

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Investment Insights

Based on property information with market context.

This 1.6-acre restaurant property is available for sale in Kannapolis, North Carolina. The property is currently under a 5-year lease that began in early 2024. The restaurant space, totaling 9,000 square feet, has been recently upfitted as a Mexican Seafood Concept. The current tenant operates two units. Seller financing options may be available depending on the down payment.

Key Highlights

  • 1.6‑acre restaurant property for sale
  • Current 5‑year lease in place (commenced early 2024)
  • Recently upfitted as a Mexican Seafood Concept restaurant

Property Analytics

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Current Use

Mariscos El Chef ... Restaurant Kannapolis Family Restaurant Restaurant

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Building Supply Restaurant Big Box & Wholesale Store

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

Location Intelligence

Trade Area within ½ mile

428
Businesses Nearby
Under-served
Demand for This Use

Demographics for 28083, NC

25,821
Population
11,925
Households
2.2
Avg Household Size
38
Median Age
19%
College-Educated
85%
High-School Grad
20.0 sq mi
ZIP Area
1,291
Density / Sq Mi
$60,563
Median Household Income
$39,831
Median Earnings
$1,120
Median Rent
$194,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant property for sale with existing lease in Kannapolis.
Where is this conventional restaurant located?
The property is located at 316 Brookdale St Kannapolis, NC.
What are key features of this property?
This property features: 1.6‑acre restaurant property for sale; Current 5‑year lease in place (commenced early 2024); Recently upfitted as a Mexican Seafood Concept restaurant
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