You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Retail space

840 Florence St Concord, NC 28027

8,000 SF
Property ID
US53-5260078
Property summary
AI-generated overview

This exceptional 8,000-square-foot freestanding retail building is ideally situated in Concord, North Carolina, at 840 Florence Street NW, zip code 28027. Currently vacant and available for sale at $1,425,000, this property offers a compelling investment opportunity. The building features an open floor plan suitable for a variety of commercial uses, and benefits from a convenient location just six minutes from I-85 and three minutes from Atrium Health Cabarrus Hospital. The property boasts approximately 23 paved parking spaces, catering to ample customer parking. With a daily traffic count of 30,500 vehicles, this location provides excellent visibility and accessibility. The property is zoned C2: General Commercial District Zoning, allowing for a range of commercial activities. The asking price per square foot is $178.13. A Net Net Net (NNN) lease is available at $12 per square foot, totaling $8,000 per month. The property is anticipated to be available August 1, 2024. This prime location is surrounded by numerous amenities and large national retailers, ensuring high foot traffic and strong potential for success. This is a rare opportunity to acquire a well-located, spacious retail building in a thriving area.

Property profile
Verified
Property type Retail space
Total area 8,000 SF
UPID US53-5260078
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
  • Jade Girl Boutique Clothing & Fashion Store
  • Cwc Church Mosque
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 840 Florence St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message