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8041 Concord Mills Blvd
6,799 SF of Retail Space Available in Concord, NC 28027
Highlights
- Primary Outparcel
- Ample Traffic Counts
- Excellent Visibility
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 6,799 SF | 10-20 Years | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
The subject Property benefits from high visibility and traffic counts as an outparcel to Concord Mills Mall, which is institutionally owned and operated by Simon Property Group. It is currently on the map as North Carolina’s largest value retail shopping center. An astonishing 1.32M square feet of retail space, Concord Mills features over 200 specialty stores, including Bass Pro Shops, Dicks H7M, Forever 21, Coach, Nike Factory Outlet and an AMC Theatre featuring IMAX. Surrounded by outparcel restaurants such as Outback Steakhouse and a regional accolade deserving BBQ restaurant, Mac’s Speed Shop.
- Space is an outparcel at this property
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 8041 Concord Mills Blvd , Concord, NC 28027
| Property Type | Retail | Year Built | 2000 |
| Property Subtype | Restaurant | Parking Ratio | 17.52/1,000 SF |
| Gross Leasable Area | 6,799 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 6,799 SF |
| Year Built | 2000 |
| Parking Ratio | 17.52/1,000 SF |
About the Property
Simply Brokerage, LLC, as exclusive advisor to the owner, is pleased to present the opportunity to lease the former TGI Friday’s located in the rapidly growing Concord submarket of the Charlotte, NC metro area (the “Property”). The Property is located along Concord Mills Boulevard at the entrance to Concord Mills Mall, North Carolina’s largest outlet and value retail shopping center. As the one of the predominant out parcels to the shopping center, the Property benefits from high visibility and impressive surrounding combined traffic counts of ±196,000 vehicles per day (VPD). Due to its large pipeline of commercial development and surge in employment opportunities, the trade area experienced 33% population growth within a 3-mile radius of the Property since 2010, becoming one of North Carolina’s fastest growing cities. The Property’s irreplaceable location makes this a desirable location for generations to come. The large and highly accessible 1.83-acre lot presents significant opportunity with a recently constructed flyover bridge connecting Concord Mills Boulevard to the entrance of the Mall has significantly improved the traffic flow to the mall. The bridge provides direct access to the Property and has made it the first parcel visible when entering the mall. The trade area is seeing significant development with 115,000 SF of mixed-use retail and 64,000 SF of class-A office space with more proposed construction on the way. Additionally, Red Bull has announced plans to anchor a new, $1 billion beverage production hub at the former Phillips Morris Plant Site, further boosting the local economy by bringing up to 500 new jobs to the area. The significant capital contribution underscores the continued economic growth in the market.
- 24 Hour Access
- Corner Lot
- Dedicated Turn Lane
- Restaurant
Nearby Major Retailers
Presented by
8041 Concord Mills Blvd
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