Restaurants /NC /Cleveland County /Shelby /201 N Lafayette St
Restaurants /NC /Cleveland County /Shelby /201 N Lafayette St

201 N Lafayette St - Restaurant FOR SALE


Shelby, NC 28150 | 
$1,100,000 USD
704-361-6302
201 N Lafayette St, Shelby, NC for Sale
$1,100,000 USD
Restaurant - FOR SALE
1/2
null | 6% Cap Rate
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201 N Lafayette St
Shelby, NC 28150

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HIGHLIGHTS

  • Lighted Intersection of N Lafayette Street & W Sumter Street.
  • Across Intersection from PNC Bank, Earl Scruggs Center & First Baptist Church.

OVERVIEW

Absolute NNN Lease with six years left on the lease. 10% rent increase upon renewal. Recently remodeled location. Jimmy John’s is owned by Inspire Brands with 2,800 Franchisees.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$674 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1958

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

GB

APN/PARCEL ID

17562

ASK ABOUT THIS PROPERTY

Van SouthardHeritage VentureMore Info
704-361-6302

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Van SouthardHeritage VentureMore Info
704-361-6302

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