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7702 Gateway Ln NW
Concord, NC 28027

$3,513,520 USD

Restaurant For Sale  •  4,749 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 4,749 SF
  • Lot Size 1.17 AC
  • Building Class B
  • Year Built 1978
  • Tenancy Single
  • Zoning C-2
20 Transit Score
38 Walk Score

Highlights

Long-Term, 20-Year Absolute Triple Net (NNN) Lease
Approximately 13.4 Years Remaining
The Lesser of Ten Percent (10%) or 1.25 Times Change In CPI Occurring Every Five (5) Years And Each Renewal Option Starting In January 2033
Initial Lease Commenced In 2011 | Long Operating History | Tenant Exercised First Renewal Option Early, Exhibiting Strong Commitment To The Site
Three (3), Five (5)-Year Tenant Renewal Options Remaining, Bringing the Potential Remaining Lease Term to 28+ Years

Amenities

  • Bus Line
  • Corner Lot
  • Pylon Sign
  • Restaurant
  • Signage

Public Transportation

AirportDriveWalkDistance
Concord-Padgett Regional 7 min - 2.8 mi
Charlotte/Douglas International 32 min - 21.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 72
Type: Surface
Included in Rent: Yes
Glen Kunofsky 332-345-4222 NNN Pro Group
Glen Kunofsky 332-345-4222 NNN Pro Group