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924 S Main St
Kannapolis, NC 28081

Main Street Pizza Company - NN North Carolina · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Long Term Lease With Approximately 7 Years Remaining on The Lease With One 5-Year Option Period
  • Well Below Market Rent - $18.00 Per SF
  • Tenant Has Remained Open and is Paying Rent Throughout the COVID-19 Pandemic
  • Lease Maintains 3% Annual Rent Increases Providing an Excellent Hedge Against Inflation
  • Main Street Pizza Company Brings Traditional New York Style Pizza and is a Well-Known Local Restaurant
  • Tenant Recently Made Improvements to the Property, Showing Commitment to This Location

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
1,932 SF
Building Class
C
Year Built
1960
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.67 AC
Zoning
C-2 - Commercial
Parking
60 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
43 FT on Main St

AMENITIES

  • Bus Line
  • Freeway Visibility
  • Drive Thru

PROPERTY TAXES

  • Listing ID: 22534436

  • Date on Market: 3/22/2021

  • Last Updated:

  • Address: 924 S Main St, Kannapolis, NC 28081