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    Retail properties & Spaces

    0 Remarkable Restaurant For Sale! Over $2 Million In Sales!, Charlotte, NC 28216

    1,800 SF Built 2019
    Property ID
    Property summary
    AI-generated overview

    This exceptional Charlotte restaurant is offered for sale at $2,125,000. Boasting over $2 million in annual sales (projected to reach $2,243,157 in 2024, with $638,534 in earnings), this established business occupies a 1,800-square-foot freestanding building, constructed in 2019. The lease, expiring September 29, 2029, has a five-year term and a manageable monthly rent of $5,050, inclusive of CAMs and taxes. The inviting dining space includes an outdoor porch, accommodating 42 indoor seats plus additional outdoor seating. The fully equipped kitchen features state-of-the-art appliances and ample prep space. The restaurant benefits from ample parking and is situated in a high-growth area of Mecklenburg County, North Carolina (zip code 28216). The current owner employs 17 people and is selling due to relocation. This independent restaurant offers a unique opportunity for a buyer to take the reins of a successful, well-established business with a loyal customer base and strong financial performance. The sale includes extensive kitchen equipment, detailed in a separate inventory. This is a turnkey operation ready for a new owner to step in and continue its success.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 2019
    Total area 1,800 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
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