NEWS & RECENT TRANSACTIONS

Blue Line Special – Light Rail QSR

Charlotte

Listing ID: clt1209
Asking Price: $195,000
Sq. Ft.: 1904
Total Revenue: $800,000
Cash Flow:
Rent: $5,216
Available Financing:

QSR Key Money Deal on CLT’s Blue Line

This key-money restaurant acquisition opportunity is ripe for an up & coming local brand hoping to capitalize on one of the Blue Line’s busiest hubs. After a successful 6-year run, current ownership is consolidating and restructuring its local footprint in the market.

A brand and menu with an urban flair that caters to the local UNC Charlotte student community, as well as urban commuters connecting to Uptown, will be positioned well here.

This development has a mix of restaurant and service-oriented tenants that create a unique hub of activity from morning till night. The light rail station serves both commuters and local residents – with pedestrian links to both UNC Charlotte’s student population and the Shoppes @ University Place. Plus, an 800-space parking structure that provides easy access for 3rd party delivery services.

The infrastructure of this business has been developed – and just waiting on someone to chart a new path with their own up & coming urban brand.
Replacement or build-out costs on this QSR restaurant would easily surpass 800K. But this location can be had for 20-25% of that – and with small cosmetic changes, be up & running within 30 days of acquisition.

Whoever chooses to set up shop here will also enjoy the benefits of a rent structure that is about 25% less than the current market for the next 14 years. Other comparable rents in the area are over $40PSF. Taking over this space though at a current rate of less than $33PSF = 15-20K of additional profits.

If you’re looking to land your brand in the University Market, there aren’t many other options that offer a turn-key opportunity with savings going in the front door and through the back door.

Contact National Restaurant Properties to confidentially discuss this restaurant for sale opportunity and other F&B business opportunities across the Charlotte metro.