316 Brookdale St, Kannapolis, NC 28083
- Turn key restaurants
- 9,024 SF
- 1.60 lot acres
Current Use by Public Records
- Mariscos El Chef De Nayarit / Restaurant
- Kannapolis Family Restaurant / Restaurant
Property Details for 316 Brookdale St
- Year built
- 1978
- Lot size
- 1.60 lot acres
- Zone code
- C2:HIGHWAY COMMERCIAL
- Property type
- Turn key restaurants
- APN
- 150 180
- APU
- 150180
Description
This exceptional 9,000-square-foot freestanding restaurant building is situated on a 1.6-acre lot in Kannapolis, North Carolina, at 316 Brookdale Street, zip code 28083. Currently tenant-occupied, the property boasts a recently completed, high-quality upfit designed for a Mexican seafood concept. The tenant operates a two-unit restaurant chain and has a five-year lease in place, commencing early 2024, with escalating rent and option periods. The property benefits from a high-traffic location, experiencing 17,000 vehicles per day on Brookdale Street. This presents a compelling investment opportunity with potential for seller financing to qualified buyers, contingent upon a sufficient down payment. The property's APN is 150180. This is a single-building, single-unit retail property. Please do not disturb the tenants.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $604,000
- AI Estimate
- $546,000
Market price range: $605k - $1.67MMarket price range: $547k - $1.33M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Kannapolis
- County
- Rowan
- State
- North Carolina
- Longitude
- -80.6105
- Latitude
- 35.5068
- CBSA code
- 16740
- CBSA name
- CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
