938 Grv St, Shelby, NC 28152-6850

This 1,170 sq ft vacant retail space, previously a Checkers, is available for lease or sale in Shelby, NC. Located on a 0.4-acre lot with prime frontage on US 74 (East Dixon Blvd), this Class B building boasts an exceptional location with an annual average daily traffic count of 40,000 vehicles. Built in 2003 and renovated in 2022, the single-story building features eight parking spaces and is zoned GB. The Shelby retail market shows a low 2.9% vacancy rate, with rent growth exceeding the national average. This property is ideal for a quick-service restaurant (QSR) due to its drive-thru potential and is situated within a thriving commercial corridor offering easy access to major amenities and surrounding areas. The surrounding area boasts a strong demographic profile, with over 25,000 residents within a 3-mile radius and projected growth of over 11,000 households by 2028. Average household income within a 1-mile radius exceeds $61,000, and average household food and alcohol spending surpasses $6,338 within a 3-mile radius. This presents a unique opportunity to capitalize on a robust retail market with high demand and significant growth potential. The property's location on Shelby's principal thoroughfare ensures high visibility and accessibility, making it an attractive investment for a QSR operator seeking a prime location in a thriving market. The building's recent renovation ensures a move-in ready condition, minimizing upfront costs and maximizing return on investment. This is an exceptional opportunity to establish or expand a successful business in a high-growth area.