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Investment Highlights
- Recently constructed in 2021 with modern design and building systems, the property features existing drive-thru infrastructure
- Situated along South Cannon Boulevard (25,000 VPD) with strong traffic exposure, prominent frontage, and convenient ingress
- Strategically positioned in a densely populated trade area with over 92,000 residents within a 5-mile radius, an average household income of $75,000
- Located in a rapidly growing Cabarrus County submarket, approximately 25 miles northeast of Uptown Charlotte
- Offered for sale or lease, providing optionality for investors seeking repositioning upside or owner-users targeting a newer asset in a growing area
Executive Summary
Kyle Matthews
License # C38369 (NC)
Matthews Real Estate Investment Services, Inc
1600 West End Ave., Ste. 1500 Nashville, TN 37203
Property Facts
Amenities
- Drive Thru
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Accommodation and Food Services
- -
- -
- Jul 2041
Popeyes is a global quick-service restaurant brand focused on Louisiana-style fried chicken and related menu offerings. The company was founded in 1972 in the New Orleans suburb of Arabi, Louisiana, by entrepreneur Alvin C. Copeland Sr. Originally operating as “Chicken on the Run,” the concept was rebranded as Popeyes after introducing a spicier Cajun-influenced recipe that differentiated it from national competitors. Popeyes expanded through franchising beginning in the mid-1970s and established itself as a leading chicken-focused quick-service brand in the United States before expanding internationally.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
Accommodation and Food Services | - | - | Jul 2041 |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Broker of Record Kyle Matthews License # C38369 (NC) Matthews Real Estate Investment Services, Inc 1600 West End Ave., Ste. 1500 Nashville, TN 37203 (866) 889-0550
| Space | Size | Space Use | Position | Available |
| 1st Floor | 1,920 SF | Retail | - | Now |
1st Floor
| Size |
| 1,920 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 1,920 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Broker of Record Kyle Matthews License # C38369 (NC) Matthews Real Estate Investment Services, Inc 1600 West End Ave., Ste. 1500 Nashville, TN 37203 (866) 889-0550
Nearby Major Retailers
Property Taxes
| Parcel Number | 5623-03-0069-0000 | Improvements Assessment | $492,690 |
| Land Assessment | $710,760 | Total Assessment | $1,203,450 |
Property Taxes
Presented by
1110 S Cannon Blvd
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