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    FOR SALE
    Grocery and convenience stores

    547 Winecoff School Rd, Concord, NC 28027

    34,839 SF 6.69 ac lot Built 2005
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US53-1571618
    Property summary
    AI-generated overview

    Winecoff Commons, located at 547 Winecoff School Rd in Concord, NC, presents a prime retail investment opportunity. This neighborhood center boasts a total of 43,096 square feet of retail space, situated on a 6.68-acre lot in Cabarrus County. Currently, 1,200 square feet of space is immediately available, with a minimum divisible unit size of 1,200 square feet, offering flexibility for various retail concepts. The property is zoned GC and features ample parking with 185 spaces to accommodate customers and employees. Its convenient location in Concord, NC, zip code 28027, provides excellent accessibility and visibility for businesses seeking to establish a presence in a thriving community. The property's multiple tenancy structure allows for a diverse mix of businesses, creating a vibrant and attractive shopping destination. This is an exceptional chance to secure retail space in a well-established center with significant potential for growth and return on investment. The property's size and ample parking make it ideal for a variety of retail uses. Interested parties should inquire about the available space and leasing terms.

    Property profile
    Verified
    Property type Grocery and convenience stores
    Use group GROCERY, SUPERMARKET
    Year built 2005
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 34,839 SF
    Lot 6.69 ac (291,416 SF)
    Zoning code GC
    APN 5612 60 3287
    UPID US53-1571618
    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
    Current use
    Occupant on record · Public records
    • Coinstar Exchange Bank Credit Union
    • Food Lion Grocery & Convenience Store Food Market
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $4.83M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $3.73M
    Blend (final) Blend
    $4.96M
    Owner & transaction history
    Premier Capital Fund Xx LLC · 3 yrs held
    Premier Capital Fund Xx LLC
    since 2022
    Last sale
    $5.7M
    1 recorded transaction
    2022
    $5.7M
    Zoning & alternative use
    GC · Concord, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Medical building $7.7M +67.1%
    Auto repair, garage $5.0M +8.8%
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    More about this property
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