2415 Herrons Nest Pl - Supermarket FOR SALE
Concord, NC 28027 |
$19,750,000 USD
704-714-2363
2415 Herrons Nest Pl
Concord, NC 28027
HIGHLIGHTS
- Lowes Foods serves as the anchor of Christenbury Village, a dynamic 16+ acre master-planned development
- Built in 2024, Lowes Foods is subject to a new 20- year corporate lease with rare 10% rent increases every 5 years during the initial lease term.
- Concord Mills Boulevard has long been considered one of the most high-volume retail shopping corridors throughout North Carolina.
- Property benefits from a robust demographic profile, over 144K residents living within a 5-mile radius, boasting an average household income of $124K
- Located just 20 minutes from Charlotte’s CBD, Christenbury Village benefits from the city’s robust economy, which is home to 18 Fortune 500 companies.
FOR SALE DETAILS
PRICE
$19,750,000 USD
PRICE/SF
$380 USD /SF
CAP RATE
6.15%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Lowes Foods
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Supermarket
ADD'L SUBTYPES
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
4.69 AC
LAND SF
204,296 SF
ZONING
C
APN/PARCEL ID
4589-27-3952-0000
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704-714-2363
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704-714-2363
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