2760 Concord Pkwy S

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2760 Concord Pkwy S

Concord, NC 28027
Asking Price
$4.60M
Asset Type
Retail
Class
Class B

What's Special

2760 Concord Pkwy S is located in a high-traffic commercial corridor in Concord, North Carolina, situated southwest of the city center. The surrounding neighborhood is characterized by a mix of established retail hubs, automotive dealerships, and suburban residential developments. The property offers direct frontage on US Highway 601/29, providing significant visibility and regional connectivity. Nearby amenities include national big-box retailers, dining establishments, and local service providers. The location is easily accessible via major local thoroughfares and is positioned within a ten-minute drive of Interstate 85, facilitating transit for customers across Cabarrus County. This retail asset is suited for businesses requiring high road visibility and consistent daily traffic counts. Ideal use cases include showroom space, specialty retail, medical clinics, or service-oriented storefronts. The typical tenant profile includes national franchises, regional retail chains, or professional service firms looking to capitalize on the area's ongoing commercial growth. With a flexible footprint and a location centered between Concord and Charlotte, the site supports diverse commercial applications ranging from fitness centers to high-volume consumer goods outlets.

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NOI
$80,000
Cap Rate
1.74%
DSCR
0.29
Underwater
Cash-on-Cash
-13.99%
Monthly Payment
$22,758.29
Annual Cash Flow
$-193,099.482

Location & Travel Times