16637 Lancaster Hwy
Charlotte, NC 28277
Big View Diner · Retail Property For Sale

Marcus & Millichap is pleased to present for sale an 8,300 square foot single tenant restaurant located in Charlotte, North Carolina. The subject property was constructed in 2008 and sits on 1.32 acres. At closing the current owner and restaurant operator will execute a 10 year Absolute-Net lease which includes two (2), five (5) year options. The owner will provide a personal guaranty of the lease The subject property is conveniently located at the signalized corner of Lancaster Highway (49,000 vehicles per day) and Ardrey Kill Drive (19,000 vehicles per day). The route is a major thoroughfare for commuters into and out of southwest Charlotte, merging directly into Johnson Road, which then merges into Park Road leading into central Charlotte. The property is approximately 2.5 miles south of vibrant Ballantyne Village in the southwest section of Charlotte. The property is an outparcel to a Harris Teeter and is surrounded by five (5) additional outparcel buildings with tenants including T-Mobile, Dominos, and BB&T. Additional immediate points of interest surrounding the property include Sports Connection, Elon Park Elementary School, CVS Pharmacy, Wendy’s, Ihop, Goodwill, and Ballantyne Elementary School. A Walmart, Lowe’s Home Improvement, Publix, Walgreens, Target, HomeGoods, and Marshalls are also within close proximity to the subject property. The South Carolina border is approximately one (1) mile from the property. As of 2016, there are 141,211 people within a five (5) mile radius of the property with an average household income of $123,042.