Commercial Real Estate in Locust available for sale
Locust NNN Properties For Sale

NNN Properties for Sale within 50 kilometers of Locust, NC, USA

More details for 800 Cloverleaf Plz, Kannapolis, NC - Retail for Sale

IHOP - KANNAPOLIS, NC - 800 Cloverleaf Plz

Kannapolis, NC 28083

  • NNN Property
  • Retail for Sale
  • $4,157,498 CAD
  • 5,280 SF
  • Restaurant

Kannapolis Retail for Sale - Cabarrus County

This newly developed IHOP restaurant offers an exceptional opportunity for passive commercial real estate investors seeking stable, long-term cash flow backed by a top-tier tenant. The asset is underpinned by a brand-new 15-year Absolute NNN lease—requiring zero landlord responsibilities—and includes 10% rental increases every five years, along with three 5-year renewal options, providing both immediate yield and built-in income growth over time. The lease is guaranteed by Suncakes, LLC, a proven 34-unit IHOP operator wholly owned by Sun Holdings, Inc.—the second-largest franchisee in the United States, with over 1,500 units across multiple nationally recognized brands. This robust corporate backing significantly reduces tenant risk, making it an ideal asset for 1031 exchange buyers, private investors, and REITs seeking creditworthy, long-term leased assets. Situated on a ±1.10-acre pad site directly off S. Cannon Boulevard (29,149 CPD) and just 1/4 mile north of Interstate 85 (112,098 CPD), the property offers excellent visibility, ingress/egress, and regional accessibility. The strong daily traffic counts and proximity to major thoroughfares enhance both customer draw and long-term site value. The IHOP sits within a bustling power center environment, pad to Ross, Dollar General, Harbor Freight Tools, and Gabe’s, and adjacent to Home Depot. The immediate 5-mile radius is saturated with high-performing national retailers including Walmart, Target, Sam’s Club, Lowe’s, Kohl’s, Marshalls, Burlington, Hobby Lobby, Academy Sports, ALDI, PetSmart, and more—offering substantial built-in consumer traffic and complementary retail synergy. In Association with Designated Broker: Brian Brockman – Broker License #: 298998 Bang Realty, Inc bor@bangrealty.com 513-898-1551

Contact:

Commercial Investment Advisors, INC

Property Subtype:

Restaurant

Date on Market:

2025-03-31

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More details for 6021 Hickory Grove Rd, Charlotte, NC - Retail for Sale

Starbucks - 6021 Hickory Grove Rd

Charlotte, NC 28215

  • NNN Property
  • Retail for Sale
  • $5,330,305 CAD
  • 2,500 SF
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More details for 9825 McKay Rd, Charlotte, NC - Retail for Sale

Armstrong Gardens Corp Guaranty | 14yrs NNN - 9825 McKay Rd

Charlotte, NC 28269

  • NNN Property
  • Retail for Sale
  • $10,254,692 CAD
  • 12,268 SF
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More details for 11415 Carolina Place Pky, Pineville, NC - Retail for Sale

At Home | Pineville, NC | ABS NNN - 11415 Carolina Place Pky

Pineville, NC 28134

  • NNN Property
  • Retail for Sale
  • $13,400,445 CAD
  • 141,991 SF
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More details for 8541 Concord Mills Blvd, Concord, NC - Retail for Sale

PNC Bank - 8541 Concord Mills Blvd

Concord, NC 28027

  • NNN Property
  • Retail for Sale
  • $8,977,947 CAD
  • 2,508 SF
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More details for 916 E Innes St, Salisbury, NC - Retail for Sale

Towne Creek Commons - 916 E Innes St

Salisbury, NC 28144

  • NNN Property
  • Retail for Sale
  • $5,407,556 CAD
  • 7,841 SF
  • Restaurant
  • Waterfront

Salisbury Retail for Sale - Rowan County

Horvath & Tremblay is pleased to present the exclusive opportunity to acquire the fee simple interest in Towne Creek Commons located at 916 E Innes Street in Salisbury, North Carolina (the “Property”). The four-tenant plaza 100% leased to Starbucks, Nothing Bundt Cakes, Jersey Mike’s and Novant Health – Go Health Urgent Care and contains 7,821 square feet on a 1.54-acre parcel. Each of the leases calls for the tenants to reimburse their pro-rata share of real estate taxes, insurance and operating expenses and provide attractive rent increases in either the primary lease terms or renewal options. Towne Creek Commons occupies a prime location in the heart of Salisbury’s commercial corridor, positioned at a signalized intersection along Arlington Street and E. Innes Street, one of the area’s primary retail and commuter routes. The Property offers excellent visibility and strong frontage, enhancing its presence within this established trade area. Located adjacent to Chick-fil-A and surrounded by a mix of national and local retailers and restaurants, the center benefits from consistent consumer traffic. The Property is also conveniently located near residential neighborhoods and area schools, providing a reliable built-in customer base. In addition, Towne Creek Commons offers efficient regional connectivity with quick access to U.S. Routes 52, 29, and 601, as well as Interstate 85, supporting ease of travel throughout Salisbury and the broader region.

Contact:

Horvath & Tremblay

Date on Market:

2026-03-31

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