Property profile

0 Ballantyne Turnkey Restaurant For Sale - Includes 2 Hoods! Waxhaw, NC 28173

OFF-MARKET
Retail properties & Spaces
1,588 SF Built 2019
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Property summary

AI-generated overview

This turnkey restaurant opportunity in Waxhaw, NC's Ballantyne area presents a unique chance to acquire a thriving business. Located in Union County (zip code 28173), this 1,588 square foot establishment boasts a 10-year lease expiring November 27, 2028, with a monthly rent of $5,633.94. Built in 2019, the restaurant features a fully equipped commercial kitchen including two hood systems, deep fryers, a salamander, pizza ovens, a walk-in cooler/freezer combo, prep tables, a mixer, deli tables, and extensive additional equipment. The interior comfortably seats 12 patrons, complemented by a sizable outdoor patio with ample seating for additional guests. The restaurant's prime location within a high-income residential area ensures consistent foot traffic and a strong customer base. A 3D walkthrough is available for prospective buyers. The sale includes existing furniture, fixtures, and equipment; inventory is not included in the asking price of $245,000. Seller financing is not available. The current owner is selling due to pursuing a new career path. This is an exceptional opportunity for an experienced restaurateur or a new entrepreneur looking to enter the market with a fully operational and established business. The restaurant currently employs four people.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2019
Total area 1,588 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Ballantyne Turnkey Restaurant For Sale - Includes 2 Hoods! Waxhaw, NC 28173
Waxhaw 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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