Tenant: **Main Street Pizza Company | Kannapolis, NC**

Premises: **1,932 SF**

Renewal Options: **1 x 5 Year** * Long Term Lease With Approximately 7 Years Remaining on The Lease With One 5-Year Option Period

* Lease Maintains 3% Annual Rent Increases Providing an Excellent Hedge Against Inflation

* Well Below Market Rent $18.00 Per SF

* Main Street Pizza Company Brings Traditional New York Style Pizza and is a Well-Known Local Restaurant

* Tenant Has Remained Open and is Paying Rent Throughout the COVID-19 Pandemic

* Tenant Recently Made Improvements to the Property, Showing Commitment to This Location

* The Restaurant Has Been in Business at This Location Since 2015

* Strong Demographics Population of 80,815 Residents With an Average Household Income of Over $69,977 Within a 5-Mile Radius

* Kannapolis is to a New Biotech Research Institute Just 1-Mile Away From the Subject Property

* Located Less Than 30-Miles From the Charlotte, NC MSA

* Less Than 5 Minutes From the Atrium Health Ballpark a Baseball Stadium With a Seating Capacity of 3,218

* Less Than 10 Minutes Away From the Atrium Health Cabarrus, a Regional 457-Bed, Not-For-Profit Hospital in Concord, NC

Tenant Overview Main Street Pizza Company brings traditional New York style pizza with a little southern hospitality. The mission here at Main Street Pizza Company is to bring fresh quality ingredients to your table each day. We take pride knowing that you will enjoy a pizza made from fresh dough made daily, homemade marinara sauce and our own special cheese blend. The best Italian restaurant in Kannapolis, Main Street Pizza Company is in the business of creating exquisite food, memorable experiences and a healthy atmosphere. **Main Street Pizza Company | Kannapolis, NC**

924 S Main Street - Kannapolis, NC 28081

$496,828

Cap Rate: **7.00%**

Status: **Available**