10
Each Office Independently Owned and Operated kwcommercial.com KW COMMERCIAL 3430 Toringdon Way, Suite 200 Charlotte, NC 28277 We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction. MATTHEW HAGLER Broker 0: 704.408.8867 [email protected] NC #206869 - SC #12321 SCOTT GREENE Broker O: 704.577.7344 [email protected] SCOTT STEVENS Broker O: 704.887.6600 C: 704.400.5040 [email protected] OFFERING SUMMARY SALE PRICE: $2,200,000 LOT SIZE: 1.97 Acres YEAR BUILT: 1997 BUILDING SIZE: 6,891 HEATED SF 7,822 TOTAL SF ZONING: B4 PROPERTY OVERVIEW This vacant restaurant is located just off I-485 in Pineville, NC. Great visibility from the highway and this shopping district is directly across the street from Carolina Place Mall and features Home Depot, Best Buy, Stein Mart and Gabe's. If you're ready to bring a new concept or expand a current one this space and kitchen are built for volume. This restaurant for sale is an asset sale so no books or records will be available. PROPERTY HIGHLIGHTS Traffic counts of 143,655 vehicles per day that pass by this restaurant on I-485 Large covered outdoor bar and dining area Ample parking 10415 Centrum Parkway, Pineville, NC 28134 RETAIL FOR SALE

RETAIL FOR SALE · Microbrewery PS 6.5.44 Office, Shopping Center, Mixed Use Commercial Buildings PS 6.5.28 Restaurant PS 6.5.30 Schools, Elementary & Middle PS 6.5.32 Schools, High

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Page 1: RETAIL FOR SALE · Microbrewery PS 6.5.44 Office, Shopping Center, Mixed Use Commercial Buildings PS 6.5.28 Restaurant PS 6.5.30 Schools, Elementary & Middle PS 6.5.32 Schools, High

Each Office Independently Owned and Operated kwcommercial.com

KW COMMERCIAL3430 Toringdon Way,Suite 200Charlotte, NC 28277

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

MATTHEW HAGLERBroker0: [email protected] #206869 - SC #12321

SCOTT GREENEBrokerO: [email protected]

SCOTT STEVENSBrokerO: 704.887.6600C: [email protected]

OFFERING SUMMARY

SALE PRICE: $2,200,000

LOT SIZE: 1.97 Acres

YEAR BUILT: 1997

BUILDING SIZE:6,891 HEATED SF

7,822 TOTAL SF

ZONING: B4

PROPERTY OVERVIEW

This vacant restaurant is located just off I-485 in Pineville, NC. Great

visibility from the highway and this shopping district is directly across the

street from Carolina Place Mall and features Home Depot, Best Buy, Stein

Mart and Gabe's. If you're ready to bring a new concept or expand a current

one this space and kitchen are built for volume. This restaurant for sale is an

asset sale so no books or records will be available.

PROPERTY HIGHLIGHTS

• Traffic counts of 143,655 vehicles per day that pass by this restaurant on

I-485

• Large covered outdoor bar and dining area

• Ample parking

10415 Centrum Parkway, Pinevil le, NC 28134

RETAIL FOR SALE

Page 2: RETAIL FOR SALE · Microbrewery PS 6.5.44 Office, Shopping Center, Mixed Use Commercial Buildings PS 6.5.28 Restaurant PS 6.5.30 Schools, Elementary & Middle PS 6.5.32 Schools, High

Each Office Independently Owned and Operated kwcommercial.com

KW COMMERCIAL3430 Toringdon Way,Suite 200Charlotte, NC 28277

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

MATTHEW HAGLERBroker0: [email protected] #206869 - SC #12321

SCOTT GREENEBrokerO: [email protected]

SCOTT STEVENSBrokerO: 704.887.6600C: [email protected]

10415 Centrum Parkway, Pinevil le, NC 28134

RETAIL FOR SALE

Page 3: RETAIL FOR SALE · Microbrewery PS 6.5.44 Office, Shopping Center, Mixed Use Commercial Buildings PS 6.5.28 Restaurant PS 6.5.30 Schools, Elementary & Middle PS 6.5.32 Schools, High

Each Office Independently Owned and Operated kwcommercial.com

KW COMMERCIAL3430 Toringdon Way,Suite 200Charlotte, NC 28277

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

MATTHEW HAGLERBroker0: [email protected] #206869 - SC #12321

SCOTT GREENEBrokerO: [email protected]

SCOTT STEVENSBrokerO: 704.887.6600C: [email protected]

10415 Centrum Parkway, Pinevil le, NC 28134

RETAIL FOR SALE

Page 4: RETAIL FOR SALE · Microbrewery PS 6.5.44 Office, Shopping Center, Mixed Use Commercial Buildings PS 6.5.28 Restaurant PS 6.5.30 Schools, Elementary & Middle PS 6.5.32 Schools, High

Each Office Independently Owned and Operated kwcommercial.com

KW COMMERCIAL3430 Toringdon Way,Suite 200Charlotte, NC 28277

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

MATTHEW HAGLERBroker0: [email protected] #206869 - SC #12321

SCOTT GREENEBrokerO: [email protected]

SCOTT STEVENSBrokerO: 704.887.6600C: [email protected]

10415 Centrum Parkway, Pinevil le, NC 28134

RETAIL FOR SALE

Page 5: RETAIL FOR SALE · Microbrewery PS 6.5.44 Office, Shopping Center, Mixed Use Commercial Buildings PS 6.5.28 Restaurant PS 6.5.30 Schools, Elementary & Middle PS 6.5.32 Schools, High

P Permitted Use By RightC Conditionally Approved Only

PS Permitted With Special RegulationsCS Conditional With Special Regulations

SPECIALUSE CLASSIFICATION B-4 REGULATION

Animal (Household) Grooming Services PS 6.5.02Animal Obedience Schools PS 6.5.02Animal Shelter PS 6.5.03Auction Houses PS 6.5.05Auditoriums, Stadiums, Assembly Halls Amphitheaters, etc.. PS 6.5.06Automobile Parking Lot PS 6.5.08Automotive Supply Store PS 6.5.43Bar/Tavern/Night Club/ Lounge PS 6.5.38Churches, Place of Worship PS 6.5.11Day Care Center PS 6.5.39Day Care Center, Large PS 6.5.39Golf Course, Public PS 6.5.20Live-Work Units PS 6.5.36Microbrewery PS 6.5.44Office, Shopping Center, Mixed Use Commercial Buildings PS 6.5.28Restaurant PS 6.5.30Schools, Elementary & Middle PS 6.5.32Schools, High School PS 6.5.32Amusement Park (Indoors) PAnimal Hospital (indoor only) PAnimal Kennel and Boarding (indoor only) PAnimal Supply Store PAntique Store PAppliance Repair Shop, Household PAppliance Store PArt Studios/Galleries PArt Supply Store PAutomobile Parking Garages (structured parking) PBait and Tackle shop PBakery (Retail) PBank Teller Machines (ATMs) Attached PBank Teller Machines (ATMs) Stand Alone PBanks, Savings and Loans, Credit Unions PBarber or Beauty Shop PBaseball Batting Ranges PBeauty Supply Store (Retail) PBicycle Sales/Service PBook Store PBowling Lanes PBusiness Support Services PCamera and Photography Sales and Supply PCandy and Nut Store PCar Wash, Automatic (principal use) PCatalogue Sales Store PCatering (food services) PChina and Tableware Shop PCleaning and Maintenance Service PClock/Watch Repair and Sales PClothing, Footwear, and Apparel Store PCollege and University (including satellite classrooms) PCommunity Centers PComputer Services and Data Processing PComputer Stores Retail and Repair PConsignment Shops PContractors Sales Offices Only PConvenience Stores P 6.5.14Costume Rental (Formal Wear etc.) PDepartment Store PDoctor's Office (excluding Animal Hospital) PDry Cleaning Services Outlet/Retail P

Page 6: RETAIL FOR SALE · Microbrewery PS 6.5.44 Office, Shopping Center, Mixed Use Commercial Buildings PS 6.5.28 Restaurant PS 6.5.30 Schools, Elementary & Middle PS 6.5.32 Schools, High

Electric, Heating, Air Conditioning Ventilation, Plumbing Supplies and Sales (Indoor) PEmployment Agency PEngineering and Architectural Services PEssential Utility Services, Class 1 & 2 PExterminators Office PFabric (Clothing), Sewing and Associated Goods Store PFarmer's Market PFitness Center, Indoor Sports, Health, Club, Spa and Gym 15,000 sqft. or under; Over see Recreation center PFlea Market (indoor) PFloor Covering Store PFloral and Christmas Items Store PFlorist, retail PFood Catering Facility P 6.5.19Fraternal and Service Organizations (VFW, Freemasons, and misc. non-profits) PFurniture Repair Store PFurniture Store PFurniture Upholstery PGarden Supply and Seed Store PGlass, Mirror, and Lighting Shop PGovernment Services PGrocery Store PGun and Ammunition Sales PGunsmith PHardware Store PHobby, Toy, and Craft Shop PHome Electronics, Radio, TV, CD Sales PHome Improvement Store (at or under 10,000 sq ft.) PHome Improvement Store (Over 10,000 Sq ft.) PInsurance Agency PJewelry and Jewelry Repair Store PKey Shop PLaboratory Offices and general medical testing facilities PLaundromat PLawn and Garden Care Service/Management (Indoor) PLawnmower, Power Equipment Sales and Service PLibrary, Public PLiquor or "ABC Store" PLocksmith PLuggage and Leather Goods Shop PMagazine, Newspaper Store PMedical Service - Urgent Care/Dental, Medical, Optical and Outpatient Clinics PMedical Supply Shop PMeeting Facilities PMembership Warehouse Clubs PMuseum PMusic Store Sales and Service PNewspaper/Magazine/Video Store POffice Equipment and Supply Stores PPaint and Wallpaper Store PPet Shop PPharmacy PPhilanthropic Institutions PPhotographic Studio PPool Hall PPost Office PPostal Stores, Contract Postal Stations, Mailing Establishments PPrinting Goods and Services PProfessional Services PPublic Safety Station (Police, Fire, EMS) PRadio, TV, VCR Repair service PReal Estate Agency PRecreation Centers PRecreation Facilities, Public PRecycling Collection Drop Off Point PRental Centers (Indoor) PSchool, Vocational P

Page 7: RETAIL FOR SALE · Microbrewery PS 6.5.44 Office, Shopping Center, Mixed Use Commercial Buildings PS 6.5.28 Restaurant PS 6.5.30 Schools, Elementary & Middle PS 6.5.32 Schools, High

Schools for the Arts PShoe Store Sales and repair PSign Sales PSkating Rink (indoor) PSporting Goods and Sporting Apparel Shop PTanning and Nail Salon PTax Preparation service PTobacco Sales Shop PTown Hall PTransit Station - Passenger PTravel Agency PTrophy and Plaque Shop PUpholstery Shop PVariety and Souvenir Store PWine and Beer Store PAuto, Truck, Boat, and Motorcycle Sales CS 6.5.34Communication Facility/Stealth CS 6.5.12Communication Facility/Tower CS 6.5.12Gas Station and Express Fuel CS 6.5.26Golf Course (Miniature and Driving Range) CS 6.5.20Golf Course, Private CS 6.5.20Motels/Hotel CS 6.5.33Office, Shopping Center, Mixed Use Commercial and Residential Buildings CS 6.5.28Bus Terminal, Passenger CCar Wash, Self Service (5+bays) CCar Wash, Self-Service (1-4 bays) CEssential Utility Services, Class 3 CRecreation Complex C 6.5.40Sign Painting and Manufacture CSkating Rink (outdoor) CTheater, Indoor Movie or Concert Hall CWholesale Sales Operation (Enclosed) C

Page 8: RETAIL FOR SALE · Microbrewery PS 6.5.44 Office, Shopping Center, Mixed Use Commercial Buildings PS 6.5.28 Restaurant PS 6.5.30 Schools, Elementary & Middle PS 6.5.32 Schools, High

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Page 9: RETAIL FOR SALE · Microbrewery PS 6.5.44 Office, Shopping Center, Mixed Use Commercial Buildings PS 6.5.28 Restaurant PS 6.5.30 Schools, Elementary & Middle PS 6.5.32 Schools, High

Each Office Independently Owned and Operated kwcommercial.com

KW COMMERCIAL3430 Toringdon Way,Suite 200Charlotte, NC 28277

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

MATTHEW HAGLERBroker0: [email protected] #206869 - SC #12321

SCOTT GREENEBrokerO: [email protected]

SCOTT STEVENSBrokerO: 704.887.6600C: [email protected]

10415 Centrum Parkway, Pinevil le, NC 28134

RETAIL FOR SALE

Page 10: RETAIL FOR SALE · Microbrewery PS 6.5.44 Office, Shopping Center, Mixed Use Commercial Buildings PS 6.5.28 Restaurant PS 6.5.30 Schools, Elementary & Middle PS 6.5.32 Schools, High

-

100%

0 SF

1997

6,946 SF

General Retail

Rent/SF/Yr:

% Leased:

Total Available:

Year Built:

GLA:

Building Type:

RestaurantSecondary:

Radius 1 Mile 3 Mile 5 Mile

Population

2025 Projection 6,387 70,715 199,759

2020 Estimate 6,032 65,836 184,048

2010 Census 5,764 58,691 151,984

Growth 2020 - 2025 5.89% 7.41% 8.54%

Growth 2010 - 2020 4.65% 12.17% 21.10%

2020 Population by Hispanic Origin 1,359 11,589 29,316

2020 Population 6,032 65,836 184,048

White 4,441 73.62% 46,874 71.20% 132,962 72.24%

Black 1,156 19.16% 12,633 19.19% 31,666 17.21%

Am. Indian & Alaskan 41 0.68% 506 0.77% 1,299 0.71%

Asian 225 3.73% 4,051 6.15% 13,376 7.27%

Hawaiian & Pacific Island 7 0.12% 82 0.12% 292 0.16%

Other 162 2.69% 1,690 2.57% 4,452 2.42%

U.S. Armed Forces 0 156 161

Households

2025 Projection 2,732 30,139 81,352

2020 Estimate 2,588 28,167 75,202

2010 Census 2,522 25,638 63,355

Growth 2020 - 2025 5.56% 7.00% 8.18%

Growth 2010 - 2020 2.62% 9.86% 18.70%

Owner Occupied 1,209 46.72% 15,006 53.28% 45,405 60.38%

Renter Occupied 1,379 53.28% 13,161 46.72% 29,796 39.62%

2020 Households by HH Income 2,587 28,168 75,202

Income: <$25,000 387 14.96% 4,160 14.77% 8,858 11.78%

Income: $25,000 - $50,000 702 27.14% 6,350 22.54% 14,913 19.83%

Income: $50,000 - $75,000 569 21.99% 4,843 17.19% 11,956 15.90%

Income: $75,000 - $100,000 394 15.23% 3,696 13.12% 10,005 13.30%

Income: $100,000 - $125,000 205 7.92% 2,751 9.77% 7,432 9.88%

Income: $125,000 - $150,000 87 3.36% 1,641 5.83% 5,339 7.10%

Income: $150,000 - $200,000 73 2.82% 1,996 7.09% 6,421 8.54%

Income: $200,000+ 170 6.57% 2,731 9.70% 10,278 13.67%

2020 Avg Household Income $77,817 $94,129 $108,817

2020 Med Household Income $56,068 $67,358 $79,682

Demographic Summary Report

10405 Centrum Pky, Pineville, NC 28134

Copyrighted report licensed to KW Commercial - 387531.