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
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
| Parcel Number | 5613-54-5476-0000 | Improvements Assessment | $180,900 |
| Land Assessment | $159,080 | Total Assessment | $339,980 |
