CityPlat LLC closes a Long-Term Lease with Crafty Crab Restaurant franchise in Concord, NC.

Cary, Aug 1, 2019 (  – CityPlat LLC has closed a Long-Term Lease for a 2nd Generation Restaurant Building at 8480 Pit Stop Court in Concord, NC.

The 8,081 SF Restaurant building was originally constructed for Mayflower Restaurant and most recently occupied by Wooden Spoon. This fully outfitted 2nd generation restaurant will now feature a Crafty Crab Seafood restaurant chain. Concord Mills Regional Mall, 1.4MM SF of Retail is right across Concord Mills Blvd. $80K+ Household Income within one mile with strong income and growth projections. Exceptional supporting retail surrounds this site. With significant traffic and market exposure, this property is a unique and turn-key opportunity.

Nikita Zhitov, principal of CityPlat LLC who facilitated the transaction, commented: “I think Crafty Crab is a great seafood chain, that’s expanding rapidly, and will complement well the surrounding retailer’s mix. I like the tenant and we are certainly looking to do more deals with them in other markets and locations in coming months.”

According to its website, CityPlat LLC is a full-service real estate brokerage, development, and investment firm. The company is sharply concentrated on understanding current market conditions, forecasting future trends in local, regional and national markets. They monitor economic, demographic, and real estate indicators which enable them to provide their clients with the knowledge essential in creating successful investments.

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Media Contact Info:

Name: Maya Zolotukhina



October 24, 2019