Property profile

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

OFF-MARKET
Retail properties & Spaces
1,800 SF Built 2019
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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

Location

Remarkable Restaurant For Sale! Over $2 Million In Sales! Charlotte, NC 28216
Charlotte metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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