About This Restaurant
Investment Highlights
Efficient 3,240SF Restaurant Layout on 0.93AC Parcel. Hard corner location of E independence Rd & Sam Newell Rd. High Visibility location with 284 feet of frontage on Independence Blvd & 224 feet on Sam Newell Rd Frontage. The property has potential to add a Drive Thru. Ease of entry from Independence Blvd with right hand turn lane and direct access. Premium location evidenced by McDonald?s and Chick-Fil-A in the vicinity who historically only permit Grade A locations.
Executive Summary
Versatile Restaurant Building with Drive Thru Potential, boasting nearly 70,000VPD of combined traffic at the Hard Signalized Corner Location of Independence Blvd and Sam Newell Rd, Over 500 Feet of frontage with nearly 300 Feet of Frontage and Ingress/Egress access points to Independence Blvd.
Property Details
- Sale Type Investment
- Sale Condition High Vacancy Property
- Property Type Retail
- Property Subtype Fast Food Fast Food General Retail Freestanding General Retail Restaurant Fast Food
- Building Size 3,240
- Building Class B
- Year Built 1994
- Price 1,999,999
- Price Per SF 617
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.08
- Land Acres 0.93 AC
Amenities
- Drive Thru
Nearby Amenities & Transportation
Retail | Boston Market | ||
Retail | LongHorn Steakhouse | ||
Retail | Life Time | ||
Retail | Red Lobster | ||
Retail | Applebee's | ||
Retail | Outback Steakhouse | ||
Retail | Cracker Barrel Old Country Store | ||
Retail | IHOP | ||
Retail | Planet Fitness | ||
Retail | Orangetheory Fitness |
Property Taxes
Parcel Number | 193-221-05 | Improvements Assessment | $1,271,000 |
Land Assessment | $637,500 | Total Assessment | $1,908,500 |
Date Created: | 2024-07-16 04:16:23 | Last Updated: | 2024-07-16 04:16:23 |
Address: | 9550 E Independence Blvd , Matthews, North Carolina, 28105 |