Havana Carolina Owner Plan to Open New Restaurant Concept
El Puro Cuban Restaurant in Charlotte
Upscale Cuban Restaurant Lease at Madison Corners
El Puro Cuban Restaurant, a family-owned & operated full-service upscale Cuban restaurant has signed a lease at Madison Corners for their second restaurant concept. The owners currently operate Havana Carolina Restaurant & Bar in Concord, North Carolina.
El Puro Cuban Restaurant will occupy 5,500 square feet of retail space located at 5033 South Blvd., Suite H, in the neighborhood retail center. El Puro Cuban Restaurant will offer a taste of Old Havana in a lively-glamorous setting with happy hours, live entertainment, and hand-rolled cigars. Dishes are inspired by family recipes and staples of Cuban Cuisine. Construction on El Puro will begin immediately. This will be the restaurant’s second restaurant concept. They currently have a restaurant in Concord, North Carolina, Havana Carolina. El Puro Cuban Restaurant is set to open by Q2 2021.
“We are thrilled to have El Puro Cuban Restaurant choose Madison Corners for their second restaurant concept in North Carolina,” said William Hodges of New Forum. “This is the ideal tenant we envisioned when we upgraded the property and are excited they chose to bring this fantastic family restaurant to the Madison Park community and fill a large void of Cuban cuisine throughout South Charlotte.”
Madison Corners is a 34,710-square-foot retail strip center and a 6,600-square-foot outparcel. It has received over $1 million in capital improvements. The renovation includes a re-designed exterior, landscaping, parking lot improvements, new roof, new painting & wood features & signage.
Madison Corners is in the heart of the rapidly growing Madison Park, Montclaire, and Archdale communities, approximately three miles northwest of South Park and seven miles south of Uptown Charlotte. More than 91,700 residents earning an average household income of $103,279 live within a three-mile radius of the center.
Jay Mitchener of Thrift Commercial represented the landlord on the lease transaction. Shawn George at Queen City Commercial represented the tenant.
New Forum is currently seeking tenants to complement the booming Madison Park neighborhood such as high-end, fast casual restaurants, coffee shops, bakeries or markets. Retail leasing of Madison Corners is handled through Jay Mitchener at Thrift Commercial. New tenants, Uptown Cheapskate & The AutoPour are now open.
About El Puro Cuban Restaurant
El Puro Cuban Restaurant is family-owned and operated. It flaunts the endeavor, the courage, and the strength of those who look for success in new places. El Puro Cuban Restaurant is a space where Old Cuba meets modern Charlotte. El Puro in its essence is inspired by the elegance and the history of pre-revolutionary Havana in the 1950’s. For more information about the owners, please visit their Concord, North Carolina concept: Havana Carolina www.havanacarolina.com.
About New Forum
Based in Charlotte, New Forum is a real estate development, management, acquisition, and operating firm with a portfolio that includes office, retail, hotel, medical, multifamily, and senior living. The company specializes in mixed-use communities that create a sense of place such as Ayrsley, a master-planned development in Steele Creek that includes more than two million square feet of office and retail space, four hotels, single-family homes, luxury apartments, restaurants and a 14-screen movie theater. New Forum began acquiring properties in 2018, including Madison Corners in Madison Park, The Design Center at Lake Norman in Mooresville, Eastway Square in Charlotte & Mountain Plaza in Kings Mountain, NC. For more information about New Forum visit www.newforum.net.
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