Prime Restaurant or Retail Spaces Available 42 Union St S 1,000 - 8,470 SF of Space Available in Concord, NC 28025
HIGHLIGHTS
- Prime Union Street & Market Street Access
- Outdoor seating options
- Building to undergo exterior improvements
- Historic Charm
- Downtown Social District
SPACE AVAILABILITY (3)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste Market Street Side | 1,800 SF | 5 Years | $23.00 /SF/YR | Triple Net (NNN) | ||
| 2nd Floor, Ste Main Floor(Union St) | 1,000-3,770 SF | 5 Years | $32.00 /SF/YR | Triple Net (NNN) | ||
| 3rd Floor, Ste Upper Floor | 2,900 SF | 5 Years | $22.00 /SF/YR | Modified Gross |
1st Floor, Ste Market Street Side
*Lower Level (1,800± sq. ft.): Currently divided into individual offices, this level is envisioned as a bar, coffee shop, book store, or creative office. The outdoor area will be incorporated into an outdoor patio area for the tenant. Plans call for updated restrooms, removal of most interior walls, install a roll-up door.
- Lease rate does not include utilities, property expenses or building services
- Partially Demolished Space
- Central Air and Heating
2nd Floor, Ste Main Floor(Union St)
Main Floor (1,000 - 3,700± sq. ft.): A prime opportunity for a restaurant, bar, or coffee concept. With ample space and the potential for outdoor seating, this floor is perfect for businesses that want to connect directly with downtown's bustling pedestrian traffic. The bar currently comprises approximately 1,000 sq. ft, while the remaining space is presently used as seating/performance space, with an additional kitchen area. (The kitchen does not have a hood/great trap, though a self-contained unit would be allowed)
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as a Drinking Establishment
3rd Floor, Ste Upper Floor
This floor was previously used as a co-working space. Number of private offices, conference rooms, and even a podcast room. Lots of natural light at the front and rear of the space.
- Listed rate may not include certain utilities, building services and property expenses
- Access from Union and Market Street
PROPERTY FACTS
| Total Space Available | 8,470 SF |
| Min. Divisible | 1,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 10,036 SF |
| Year Built | 1900 |
| Parking Ratio | 0.19/1,000 SF |
ABOUT THE PROPERTY
42 Union is currently undergoing a reimagining that will see new paint, windows, a front entrance offering direct access to the second floor, a welcoming facelift on the Market Street side, and more. Now all that is missing is you! This building has something for everyone, from upstairs office space to a main level perfect for a food or beverage business to a lower level suited for entertainment or creatives.
- 24 Hour Access
- Conferencing Facility
- Property Manager on Site
- Security System
- Signage
- Tenant Controlled HVAC
- Air Conditioning
NEARBY MAJOR RETAILERS
CONTACT
-
Steven Tice, CCIM -
Mortice Commercial Real Estate
