Miscellaneous
Mattress Firm | Piedmont Region - Charlotte MSA | Pad to Lowe's and Food Lion Anchored Retail Center
1329 E Innes St, Salisbury (Charlotte MSA), NC 28146
Listing Price: $1,896,552
Investment Overview
Salisbury, North Carolina, is a historic city located in the heart of the Piedmont region, known for its rich heritage, vibrant community, and strategic location. As the county seat of Rowan County, Salisbury boasts a diverse economy anchored by manufacturing, healthcare, education, and retail sectors. The city is home to several notable institutions, including Catawba College and the North Carolina Transportation Museum, which contribute to its cultural and educational landscape.
Salisbury is conveniently situated along major highways such as I-85, providing easy access to Charlotte, Greensboro, and other key markets in the region. The city’s charming downtown area features beautifully preserved historic buildings, local shops, restaurants, and arts venues, making it a hub of activity and a draw for both residents and visitors.
In recent years, Salisbury has experienced significant growth and development, attracting new businesses and fostering a supportive environment for entrepreneurship. The city’s commitment to preserving its historic character while embracing modern innovation makes it an attractive destination for commercial investment.
Mattress Firm | Piedmont Region - Charlotte MSA | Pad to Lowe's and Food Lion Anchored Retail Center
Investment Highlights
- Corporate Backed Lease Featuring 10% Rental Increases at Each Option. Built-to-Suit Mattress Firm with Roof Warranty in Place up until 2030.
- With over 2,319 Stores across 49 States, Mattress Firm is the Nation's Largest Multi-brand Mattress Retailer - Tempur Sealy is currently under Agreement to Potentially Acquire Mattress Firm for $4B.
- In Close Proximity to Numerous National Retailers including Walmart Supercenter, ALDI, CVS Pharmacy, Walgreens, Ashley Store, Harbor Freight, Big Lots and many more
- Features Easy Access and Excellent Visibility at the Hard Corner to Daily Traffic Counts in Excess of 41k Vehicles - Direct Access off the I-85 (68k+ VPD) - Excellent Signage and a 4-way Signalized Intersection Enhances this Exposure.
- W/in Innes Street Market - a 349k+ Sq.Ft. Shopping Center Anchored by Lowe's and Food Lion with a strong Lineup of other National Retailers including Marshalls, PetSmart, Dollar Tree, FedEx Office, Staples, and a Cinemark.
- Two Miles Southeast of Salisbury Historic Downtown District - Innes Street Corridor is the Central Convergence and Hub of Economic Growth and Development.
- Near Numerous Schools with Strong Student Populations Including Rowan-Cabarrus Community College (22,000+ Students), Livingstone College (1,300+ Students), Salisbury High School (959+ Students) and more. Minutes from Hefner VA Medical Center - a 260-Bed Medical Center featuring more than 3,400 Full-Time Employees and serving more than 99,000 Veterans every Year.
- A Short Drive from Mid-Carolina Regional Airport - a Public Airport that supports General Aviation Activities, including Flight Training, Aircraft Maintenance, and Hangar Rentals.
Exclusively Listed By
Broker of Record
-
Donald Gilchrist
First Vice President Investments
Financing By
Miscellaneous
Mattress Firm | Piedmont Region - Charlotte MSA | Pad to Lowe's and Food Lion Anchored Retail Center
Listing Price: $1,896,552
Investment Highlights
- Corporate Backed Lease Featuring 10% Rental Increases at Each Option. Built-to-Suit Mattress Firm with Roof Warranty in Place up until 2030.
- With over 2,319 Stores across 49 States, Mattress Firm is the Nation's Largest Multi-brand Mattress Retailer - Tempur Sealy is currently under Agreement to Potentially Acquire Mattress Firm for $4B.
- In Close Proximity to Numerous National Retailers including Walmart Supercenter, ALDI, CVS Pharmacy, Walgreens, Ashley Store, Harbor Freight, Big Lots and many more
- Features Easy Access and Excellent Visibility at the Hard Corner to Daily Traffic Counts in Excess of 41k Vehicles - Direct Access off the I-85 (68k+ VPD) - Excellent Signage and a 4-way Signalized Intersection Enhances this Exposure.
- W/in Innes Street Market - a 349k+ Sq.Ft. Shopping Center Anchored by Lowe's and Food Lion with a strong Lineup of other National Retailers including Marshalls, PetSmart, Dollar Tree, FedEx Office, Staples, and a Cinemark.
- Two Miles Southeast of Salisbury Historic Downtown District - Innes Street Corridor is the Central Convergence and Hub of Economic Growth and Development.
- Near Numerous Schools with Strong Student Populations Including Rowan-Cabarrus Community College (22,000+ Students), Livingstone College (1,300+ Students), Salisbury High School (959+ Students) and more. Minutes from Hefner VA Medical Center - a 260-Bed Medical Center featuring more than 3,400 Full-Time Employees and serving more than 99,000 Veterans every Year.
- A Short Drive from Mid-Carolina Regional Airport - a Public Airport that supports General Aviation Activities, including Flight Training, Aircraft Maintenance, and Hangar Rentals.
Investment Overview
Salisbury, North Carolina, is a historic city located in the heart of the Piedmont region, known for its rich heritage, vibrant community, and strategic location. As the county seat of Rowan County, Salisbury boasts a diverse economy anchored by manufacturing, healthcare, education, and retail sectors. The city is home to several notable institutions, including Catawba College and the North Carolina Transportation Museum, which contribute to its cultural and educational landscape. Salisbury is conveniently situated along major highways such as I-85, providing easy access to Charlotte, Greensboro, and other key markets in the region. The city’s charming downtown area features beautifully preserved historic buildings, local shops, restaurants, and arts venues, making it a hub of activity and a draw for both residents and visitors. In recent years, Salisbury has experienced significant growth and development, attracting new businesses and fostering a supportive environment for entrepreneurship. The city’s commitment to preserving its historic character while embracing modern innovation makes it an attractive destination for commercial investment.
Exclusively Listed By
Broker of Record
-
Donald Gilchrist
First Vice President Investments
Financing By
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