Former Truist Bank — Sale in Concord, NC

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Concord, NC 28025

Description

Marcus & Millichap is pleased to present for sale 818 North Church Street, Concord, North Carolina. Investment Highlights: • Former Truist Bank | 3 Drive Thru Lanes • Large 1.15 Acre Site • Two (2) Curb Cuts on N Church Street • High Traffic Location: 20,000 Vehicles Per Day • C-2 Commercial Zoning: Allows for Wide Variety of Uses • Near Entrance to 457-Bed Hospital (Atrium Health Cabarrus) • More than 54,000 Daytime Population (3-Mile Radius) • Nearly $80,000 Avg Household Incomes (3-Mile Radius)

Market Context

This retail in Concord, NC is listed for sale. It has been on the market for 100 days. Compare it against other retail listings for sale in Concord, NC — view the full market.

As of Q1 2026, the Charlotte retail market showed a 5.5% vacancy rate, average asking rents near $24.76/SF/yr, rents up 5.5% year over year, and cap rates around 5.9%. Source: multiple brokerage reports, Q1 2026.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Retail market FAQ

What is the typical cap rate for retail in Charlotte?
About 5.9% as of Q1 2026, per multiple brokerage reports.
Is the Charlotte retail market tightening or softening?
Vacancy is around 5.5%, with asking rents rising year over year (Q1 2026).

Estimated Market Rate

$135.24/SF – $182.98/SF

Mid: $159.11/SF

Rate estimator only; cost-of-business estimate unavailable.

Contact

Explore this market

Similar Retail Business for Sale in Concord, NC