840 Florence St Concord, NC 28027
- Retail space
- 8,000 SF
Current Use by Public Records
- Jade Girl Boutique / Women'S Clothing Store
- Cwc / Religious Institution
Property Details for 840 Florence St
- Property size
- 8,000 SF
- Property type
- Retail space
- Property subtype
- Storefront properties
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Concord
- County
- Cabarrus
- State
- North Carolina
- Longitude
- -80.608493
- Latitude
- 35.4289286
