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938 Grove St
Shelby, NC 28152

$1,250,000 USD

Fast Food For Sale  •  1,170 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 1,170 SF
  • Lot Size 0.4 AC
  • Building Class C
  • Year Built 2003
  • Tenancy Single
  • Zoning C3
0 Transit Score
42 Walk Score

Highlights

Irreplaceable location with frontage along the City of Shelby’s principal commercial corridor
Annual Average Daily Traffic Count of 40,000 vehicles per day
Retail rent growth is forecasted at an upward trend due to low inventory, depleted pipeline for newly constructed retail
Active consumer market with immediate demand for competitive products. Average household Food & Alcohol spending of over $6,338 within a 3-mile radius

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $99,450 USD (2024)

Amenities

  • Freeway Visibility
  • Pylon Sign
  • Drive Thru

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 8
Type: Surface
Included in Rent: Yes
Aida Osman 315-415-0295 ONE Commercial Real Estate
Aida Osman 315-415-0295 ONE Commercial Real Estate