Pizza Restaurant NN Lease

Main Street Pizza Company | Kannapolis, NC

Sands Investment Group is Pleased to Present Exclusively For Sale the 1,932 SF Pizza Restaurant NN Lease Investment Located at 924 S Main Street in Kannapolis, North Carolina. With Approximately 7 Years Remaining on the Lease and 3% Annual Rent Increases, This Offering is Being Sold Below Replacement Cost and Provides an Excellent Hedge Against Inflation.

  • Long Term Lease With Approximately 7 Years Remaining on The Lease With One 5-Year Option Period
  • Lease Maintains 3% Annual Rent Increases Providing an Excellent Hedge Against Inflation
  • Well Below Market Rent – $18.00 Per SF
  • Main Street Pizza Company Brings Traditional New York Style Pizza and is a Well-Known Local Restaurant
  • Tenant Has Remained Open and is Paying Rent Throughout the COVID-19 Pandemic
  • Tenant Recently Made Improvements to the Property, Showing Commitment to This Location
  • The Restaurant Has Been in Business at This Location Since 2015
  • Strong Demographics – Population of 80,815 Residents With an Average Household Income of Over $69,977 Within a 5-Mile Radius
  • Kannapolis is Home to a New Biotech Research Institute Just 1-Mile Away From the Subject Property
  • Located Less Than 30-Miles From the Charlotte, NC MSA
  • Less Than 5 Minutes From the Atrium Health Ballpark a Baseball Stadium With a Seating Capacity of 3,218
  • Less Than 10 Minutes Away From the Atrium Health Cabarrus, a Regional 457-Bed, Not-For-Profit Hospital in Concord, NC

In Cooperation With Sands Investment Group North Carolina, LLC – Lic. #29362 | BoR: Amar Goli – Lic. # 310575

View Similar Investment Opportunities

Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities