Former O'Charleys - Charlotte MSA 123 N Arlington St

123 N Arlington St , Salisbury, North Carolina, 28144 | 5,277 sq.f | $ 1,900,000

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About This Restaurant

Investment Highlights

Situated on an oversized parcel of land (2.14 AC) Surrounded by national credit tenants including Walmart Supercenter, Lowe?s, Big Lots, McDonald?s, Staples, ALDI and more Signalized hard corner intersection of S Arlington St and US Hwy 52 with a combined 32,000 VPD

Executive Summary

? FOR SALE - 100% Vacant? Redevelopment or Owner User Opportunity? Free & Clear of Tenancy? No Lease in Place

Property Details

  • Sale Type    Investment
  • Sale Conditions    High Vacancy Property High Vacancy Property Redevelopment Project High Vacancy Property
  • Property Type    Retail
  • Property Subtype    Restaurant
  • Building Size    5,277
  • Building Class    B
  • Year Built    2004
  • Price    1,900,000
  • Price Per SF    360
  • Tenancy    Single
  • Building Height    1 Story
  • Building FAR    0.06
  • Land Acres    2.14 AC
  • Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Amenities

  • Bus Line
  • Pylon Sign
  • Restaurant
  • Signage

Nearby Amenities & Transportation

Retail The Bistro
Retail Outback Steakhouse
Retail Starbucks
Retail Cook Out
Retail Waffle House
Retail First Horizon Bank
Retail Applebee's
Retail East Coast Wings & Grill
Retail Food Lion
Retail Cracker Barrel Old Country Store

Property Taxes

Parcel Number 059-130 Improvements Assessment $932,180
Land Assessment $1,408,865 Total Assessment $2,341,045
Date Created: 2024-07-16 04:16:24 Last Updated: 2024-07-16 04:16:24
Address: 123 N Arlington St , Salisbury, North Carolina, 28144