Business Overview:
This free standing commercial building in the Norman Landing Condominium was built in 1988 and is in very good condition. The area has excellent demographics with 36,000 people with an average household income of $112,000 and 18,256 employees within a 3 mile radius.
The unit is currently leased at $4,000 per month NNN. The current lease expirs March of 2012 with a 5 year option exercisable by the tenant at $4,500 per month. This is a well known Lake Norman Pub and should provide a steady income for an investor. Priced at $700,000.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
3,217 sq. ft., freestanding building in Business Condominium Project. Town of Cornelius Village Center Zoning; Great Demographic Area. Has been used as a restaurant/pub since being built in 1988.
Reason for Selling:
Real Estate for sale.
Additional Details:
- The property is owned.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: