608 Church St 1,288 SF Retail Building Concord, NC 28025 $425,000 ($329.97/SF) 7.28% Cap Rate

608 Church Street N, Concord, NC | $425,000
608 Church Street N is a freestanding retail building for sale in Concord, North Carolina, located along the highly traveled Church Street corridor just minutes from Interstate 85, Highway 29, and Highway 601. This central location provides direct access to both Downtown Concord and the greater Charlotte metro, making it an attractive market for businesses and investors alike.
Concord continues to benefit from strong population growth, expanding healthcare and manufacturing employers, and its proximity to Charlotte. Major drivers such as Atrium Health Cabarrus, Amazon, Hendrick Motorsports, and Rowan Cabarrus Community College support consistent commercial demand in this part of the market. The Church Street corridor in particular serves as a primary retail and service route connecting residential neighborhoods with downtown and the I-85 business corridor.
The property consists of a 1,288 square foot standalone retail building on its own parcel, giving it the type of visibility and site control that many investors prefer over multi-tenant or condominium style retail. This part of Concord continues to see steady retail, service, and quick service restaurant activity, driven by daily traffic counts of approximately 20,000 vehicles per day.
For investors seeking small-format retail in a growing North Carolina market, this location offers both current income and long term positioning within the Charlotte region.
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The investment produces an NOI of $30,951, which results in an 7.28% cap rate. The tenant is responsible for all building maintenance and utilities, creating a lease structure that minimizes ownership responsibilities and operating expense exposure.
The C-2 zoning allows for a wide range of future retail, office, and service uses, supporting leasing flexibility and long term exit options.
This asset is well suited for investors seeking:
• Passive income with minimal landlord obligations
• Small retail properties with strong tenant fundamentals
• Exposure to the Charlotte and Concord growth corridor
With a stable tenant, clean income stream, and a location supported by strong traffic and regional employment, 608 Church Street N offers a straightforward way to deploy capital into a retail property in one of North Carolina’s most active secondary markets.