ONE Commercial Real Estate is pleased to present this exceptional opportunity to purchase 1,170 SF of existing retail with prime frontage on U.S. 74 (East Dixon Blvd). This 0.4 acre site is located on Shelby’s principal thoroughfare and benefits from an annual average daily traffic count of 40,000 vehicles per day. This commercial corridor offers an excellent variety of business, shopping, dining, entertainment and easy access to surrounding areas.

Central Location. East Dixon Boulevard is the principal corridor of Shelby, providing access to the best major commercial and public amenities the area has to offer. In addition, U.S. 74 provides convenient regional, Statewide, and Interstate accessibility.

Favorable Retail Corner. The property lends itself to QSR with drive-thru capability. Previously a Checkers franchise occupied the space, but is being delivered vacant and readily available for a new Tenant and business operation.

Key Performance Indicators. The Shelby Retail Market currently holds a low vacancy rate of 2.9% with no current product under construction. Rents have increased 3.7% in the past 12 months and 15.1% over the past three years, higher than the national average of 11.6%. A lack of future inventory supports a forecast for continued rent growth within existing supply, especially true of retail located on the East Dixon Blvd main commercial corridor.

With its exceptional location and favorable parking and drive-thru feature, this opportunity is well positioned for a new QSR operator in the heart of Shelby, North Carolina.