Property Sale By Sealed Bid
Overview
1388 Warren Coleman Boulevard is a 2.937-acre tract owned by the City of Concord Alcohol Beverage Control Commission. The ABC board will retain a 0.8-acre parcel for a retail store. The remaining acreage including the existing 21,929 SF building has been authorized for sale by sealed bid.
Highlights
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High Traffic Visibility – Located at the intersection of NC-49 and US 601.
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Close in proximity to Highway I-485, I-85, Concord, UNCC and Charlotte.
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Zoned C-2, Built 1977.
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In close proximity to other major business services: Harris Teeter regional distribution center, QT, CVS, BP, Bojangles, and Food Lion.
Features
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Building Sprinkled
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Updated LED Lighting
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Updated HVAC
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2 Loading Dock Doors
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Like New Flooring
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All Systems On & Operating
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Move In Ready
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Ample Power
Sales Process
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February 15th – Marketing Initiation
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April 4th at 12 PM – Opening call for sealed bids.
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April 25th at 12 PM – Closing for receipt of sealed bids.
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May 1st – May 19th – Chosen bidder and ABC Board work to finalize an executable contract, associated documents, and exhibits.
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May 19th – ABC Board at regularly scheduled monthly meeting shall pass a resolution to ratify the final contract.
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June 19th – Target closing 30 days following contract ratification.
Scheduled building open dates and times or showings by appointment only:
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Wednesday March 5th 1 PM to 4 PM
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Friday March 21st 1 PM to 4 PM
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Friday April 4th 1 PM to 4 PM
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Friday April 18th 1 PM to 4 PM
Proposal Guidelines and Timing
Format
Minimum Bid: $2,100,000.00
The buyer will be required to provide “proof of funds” and ability to close 30 days after contract execution.
All bids must be submitted on the official approved form:
Click Here to Download Official Form
Due Diligence
Click Here to Download Due Diligence File