Even with the new submarkets developing across the Charlotte region, Plaza Midwood remains one of the most sought-out destinations in the entire region. Brands that operate here cater to one of the most diverse demographics in town - from high-level corporate types to the creative artsy types, and everything in between, harmoniously dining & drinking together. Current ownership just has too many other irons in the fire that are distracting away from operations here.
Whether you decide to continue with the current brand, or are looking for a spot to launch your own concept, this opportunity is priced to appeal to both options. And the sellers are offering the option to loan you 1/2 the funds to help get off the ground running while keeping liquidity available.
You won't find a more desirable lease in the area. This space has an existing and assignable lease in place that doesn't expire until 2033, with two additional 5-year options at your disposal. You have the option to control this space in one of the area's strongest markets until 2043 (17+ years). Currently only $8,900/month all in with expenses.
All licenses are in-tact (food & beverage) with a kitchen that is basically brand-new. It was fully updated and overhauled in 2022. Includes a very efficient kitchen layout with all line equipment and coolers, a full bar, and a very unique outdoor space.
Contact National Restaurant Properties to schedule a confidential review of this and other business and/or real estate opportunities across the CLT metro area and beyond.
Ad#:2442618
