For Lease
$27/SF/YR

0 Idlewild RdMatthews, NC 28104

Thriving Restaurant, Sublease Available

Overview

Added:
Dec 11, 2024
Days on market:
116
Established Matthews, NC restaurant with a proven track record is available for sublease until 2031 and sale. This turnkey operation boasts 3,300 square feet of indoor and outdoor space, ample parking (100 spaces), and consistent gross annual income of $2.4M-$3M. The sublease includes existing furniture, fixtures, and equipment (FF&E), a loyal clientele list, trained staff, and a well-established menu. The business is offered for sale at $1.25M, with the sublease continuing until 2031 at a current monthly rent of $7,391, subject to a 3% annual increase. Partial owner financing may be available. The restaurant offers dine-in, takeout, and catering services, including bar service and event hosting. Located on Idlewild Rd in Matthews, NC (28104), this opportunity benefits from a growing area with significant new developments and a strong reputation built on word-of-mouth referrals. Detailed financials and location specifics are available upon request.

Highlights

  • Established Matthews, NC restaurant available for sublease (until 2031) and sale.
  • Turnkey operation with 3,300 SF indoor/outdoor space and 100 parking spaces.
  • Gross annual income: $2.4M - $3M; Asking price: $1.25M; Sublease rent: $7,391/month (3% annual increase).
  • Includes FF&E, customer list, trained staff, and established menu; Partial owner financing possible.
  • Located on Idlewild Rd, Matthews, NC (28104), in a high-growth area.

Property Details for 0 Idlewild Rd

Property type
Restaurants
RSF (Rentable sq. ft)
3,300 SF

Unit(s) available at that property

Space
Size
3,300 SF
Rate per SF
$27

Location Insight

City
Matthews
County
Mecklenburg
State
North Carolina
Latitude
35.1334073
Longitude
-80.6683005
Idlewild Rd, Matthews, North Carolina

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
0 Idlewild Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message