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    Retail properties & Spaces

    0 Upscale Turn-Key Restaurant For Sale In Mooresville Nc!, Mooresville, NC 28115

    4,297 SF Built 2023
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    Property summary
    AI-generated overview

    This 4,297 sq ft restaurant in Mooresville, NC, is available for $999,000. Built in 2023, it boasts a 10-year lease expiring September 18, 2033. The property includes extensive, high-quality kitchen equipment: two convection ovens, a six-burner stove with oven, two deep fryers, a salamander, a 20-foot hood, walk-in cooler and freezer, ample prep tables, POS systems, and more. The dining area comfortably seats numerous patrons, supplemented by a large outdoor patio with seating for 82. Inventory is not included in the asking price. The restaurant is not a franchise and is a leasehold interest, not an asset sale. The seller is not offering financing. The location benefits from Mooresville's growth and affluent population, creating a strong market for upscale dining. The business employed 24 people. The monthly lease rate is $13,500. Reasons for sale include relocation. This turnkey operation presents a unique opportunity for a new owner to establish a thriving restaurant in a desirable area. The extensive equipment list ensures immediate operational readiness. The long-term lease provides stability and minimizes immediate lease concerns. The property's prime location within the rapidly growing Charlotte metropolitan area offers significant potential for success.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 2023
    Total area 4,297 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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