Property profile

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

OFF-MARKET
Retail properties & Spaces
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

Location

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