3812 Corning Pl - Restaurant FOR SALE


Charlotte, NC 28216
$3,271,000 USD
704-781-7109
3812 Corning Pl, Charlotte, NC for Sale
$3,271,000 USD
Restaurant - FOR SALE
1/5
null | 5.35% Cap Rate

3812 Corning Pl
Charlotte, NC 28216


HIGHLIGHTS

  • New Format Location - The Joey.
  • Major retails nearby.
  • Highly visible location.
  • Triple Net Lease.

OVERVIEW

Simpson Commercial Real Estate has been exclusively engaged to market the sale of the Outback Steakhouse ground lease located at Riverbend Village in Charlotte, NC. The Premises is leased to Outback on with a 15-year initial term with four (4) – five (5) year options. The location is well-positioned out parcel within the 140-acre Riverbend Village development and has exceptional visibility to Highway 16 and access to I-485. Riverbend is a hub of activity for consumers with major anchors including Harris Teeter, restaurants and service operators, Corning Optical Headquarters, and 470 residential units. Additional development for a hotel and medical center onsite is also planned in the future.

FOR SALE DETAILS

PRICE

$3,271,000 USD

PRICE/SF

$697 USD /SF

CAP RATE

5.35%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.23 AC

LAND SF

53,579 SF

ZONING

NS

APN/PARCEL ID

033-046-92

ASK ABOUT THIS PROPERTY

Wells HerndonSimpson Commercial Real EstateMore Info
704-781-7109

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Wells HerndonSimpson Commercial Real EstateMore Info
704-781-7109

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.