235 Branchview SE Dr Concord, NC 28025-3578
- Turn key restaurants
- 4,472 SF
- 0.83 lot acres
Current Use by Public Records
- Depotmilitary / Work Clothes Store
- Solitude Sun Salon / Tanning Salon
- Hair & Nails by Erika Green / Hairdresser
- Zion The City Of God Ministries / Religious Destination
- Tangles By Joyce Helms / Beauty Salon
Property Details for 235 Branchview SE Dr
- Year built
- 1979
- Construction
- WOOD
- Lot size
- 0.83 lot acres
- Property size
- 4,472 SF
- Zone code
- C-2
- Property type
- Turn key restaurants
- APN
- 5630 28 6620
- APU
- 5630286620
Description
This exceptional 4,470 square foot restaurant space in Concord, North Carolina, presents a unique lease opportunity. Located at 235 Branchview Dr SE, 28025, this single-tenant property sits on 0.87 acres of land in Cabarrus County. The property boasts a prime location within a heavily residential area, ensuring a consistent customer base. High traffic counts of 20,500 vehicles daily on Branchview Drive provide significant visibility and accessibility. The building offers ample private parking for patrons. A compelling incentive is available for qualified restaurant owner-operators: one year of free rent in exchange for completing the build-out. Lease rates for years two through five are negotiable, providing flexibility for long-term planning. This is an ideal opportunity for an established restaurant seeking a high-traffic location with significant landlord support. The property's size and location make it suitable for a variety of restaurant concepts. The favorable lease terms and high-traffic location combine to create a compelling investment opportunity. Serious inquiries are encouraged to explore this exceptional restaurant space.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $345,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $445,000
- 6.5%
- $480,000
- 7%
- $515,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $510,000
- Geo Method
- $475,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $400,000
- Retail
- $395,000
- Mixed-Use
- $465,000
- Hospitality
- $470,000
- Educational
- $475,000
- Residential Income
- $425,000
- Energy
- $460,000
- Income-Based Land
- $535,000
- Food Service
- $490,000
Location Insight
- Map
- Local Demand
- City
- Concord
- County
- Cabarrus
- State
- North Carolina
- Longitude
- -80.5687
- Latitude
- 35.412
- CBSA code
- 16740
- CBSA name
- CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA