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Highlights

  • Corner location with frontage on both N Lafayette Street and Sumter Street, providing maximum visibility.
  • Existing configuration supports quick-service restaurant operations, café concepts, or retail use.
  • Convenient to Uptown Shelby business district and surrounding neighborhoods, ensuring steady traffic.
  • Freestanding building with dedicated parking and strong street presence.
  • Close to cultural and entertainment destinations including Earl Scruggs Center and Don Gibson Theatre.

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 1,632 SF
  • Negotiable
  • $40.44 /SF/YR $3.37 /SF/MO $65,998 /YR $5,500 /MO
  • Triple Net (NNN)
Space Use
Retail
Build-Out
Full Build-Out
Availability
30 Days

This freestanding retail/restaurant opportunity sits prominently in Uptown Shelby, offering strong visibility on the corner of N Lafayette and Sumter Streets. The property provides significant exposure in one of the community’s busiest commercial corridors, with direct access to surrounding residential neighborhoods, cultural destinations, and local businesses. The building features a highly adaptable layout suitable for restaurant or quick-service concepts that can capitalize on the existing infrastructure, including potential for drive-thru use, or for a wide range of retail and service-oriented businesses. Dedicated parking and strong pedestrian and vehicular traffic further enhance its appeal for operators seeking convenience-driven customers. Positioned in the heart of Cleveland County’s commercial district, the site benefits from close proximity to community anchors including the Earl Scruggs Center, Don Gibson Theatre, Cleveland County Arts Council, and other retail and dining venues. Regional connectivity via nearby highways ensures continued growth and demand for well-placed retail and food-service locations in Shelby.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as a Restaurant or Café Space
  • Space is an outparcel at this property
Space Size Term Rental Rate Rent Type
1st Floor 1,632 SF Negotiable $40.44 /SF/YR $3.37 /SF/MO $65,998 /YR $5,500 /MO Triple Net (NNN)

1st Floor

Size
1,632 SF
Term
Negotiable
Rental Rate
$40.44 /SF/YR $3.37 /SF/MO $65,998 /YR $5,500 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Build-Out
Full Build-Out
Availability
30 Days

This freestanding retail/restaurant opportunity sits prominently in Uptown Shelby, offering strong visibility on the corner of N Lafayette and Sumter Streets. The property provides significant exposure in one of the community’s busiest commercial corridors, with direct access to surrounding residential neighborhoods, cultural destinations, and local businesses. The building features a highly adaptable layout suitable for restaurant or quick-service concepts that can capitalize on the existing infrastructure, including potential for drive-thru use, or for a wide range of retail and service-oriented businesses. Dedicated parking and strong pedestrian and vehicular traffic further enhance its appeal for operators seeking convenience-driven customers. Positioned in the heart of Cleveland County’s commercial district, the site benefits from close proximity to community anchors including the Earl Scruggs Center, Don Gibson Theatre, Cleveland County Arts Council, and other retail and dining venues. Regional connectivity via nearby highways ensures continued growth and demand for well-placed retail and food-service locations in Shelby.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as a Restaurant or Café Space
  • Space is an outparcel at this property

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

Select Tenants at 201 N Lafayette St, Shelby, NC 28150

  • Tenant
  • Description
  • US Locations
  • Reach
  • Jimmy John's
  • Sub Sandwich
  • 3,223
  • International
Tenant Description US Locations Reach
Jimmy John's Sub Sandwich 3,223 International

Property Facts

Total Space Available 1,632 SF
Property Type Retail
Property Subtype Restaurant
Gross Leasable Area 1,632 SF
Year Built 1958
Parking Ratio 7.35/1,000 SF

About the Property

201 N Lafayette Street is a freestanding retail building located at the intersection of N Lafayette Street and Sumter Street in Shelby, North Carolina. The property occupies approximately 0.22 acres and offers visibility to local traffic patterns within the Uptown district. Nearby points of interest include cultural venues and Cleveland County government offices. The surrounding area includes a mix of retail, dining, and community services accessible by major arterial routes connecting Shelby with the broader region.

  • Pylon Sign
  • Signage
  • Air Conditioning
Fairly walkable
50/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Nearby Major Retailers

PNC Bank
Wells Fargo Home Mortgage
Truist
Fifth Third Bank
Rent-A-Center
Buddy's Home Furnishings
  • Listing ID: 41185783

  • Date on Market: 7/7/2026

  • Last Updated:

  • Address: 201 N Lafayette St, Shelby, NC 28150

Contact the Leasing Agent

201 N Lafayette St

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