Shopping Center with Interstate
For Sale
Contact for pricing
2401-2589 Eric Lane, Burlington, NC 27215
Cedarock Commons offers ground-level retail plus second-floor space with billboard signage and large parking for flexible use.
Property Size217,000 SF
Lot Size23.95 Acres
Days on Market124
Property Features for 2401-2589 Eric Lane
General Information
Standard status
Active
Size
217,000 SF
Lot size
23.95 Acres
Property subtype
Retail
Occupancy
83%
Site & Location
Traffic Count
113,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Additional Details
Business Included
Yes
Building Details
Stories
2
Tenancy
Multi
Listing Agency:
Avison Young - Raleigh Durham
Listed By:
david Zipparo · License #NC 319260
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 20 at 11:14PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Avison Young - Raleigh Durham
Investment Insights
Based on property information with market context.
Cedarock Commons is a multi-tenant shopping center totaling approximately 217,000 square feet of leasable ground-level and second-floor retail space on about 123.95 acres. The center includes approximately 208,000 square feet of ground-level space and about 9,000 square feet on the second floor, accessible by elevator or stairs. The property also features a large parking field and a billboard for interstate signage.
Cedarock Commons is positioned immediately off Exit 143 from Interstate 40, where the property is described as having approximately 113,000 VPD and more than 1,500 feet of clear visibility from I-40.
Current leasing information provided includes approximately 83% occupancy and a weighted average lease term remaining of about four years. The tenant mix consists of six businesses, including one that has operated at Cedarock Commons for over a decade. The parking field is noted as an area where a purchaser may seek approval to use excess parking for outparcel development.
Cedarock Commons is positioned immediately off Exit 143 from Interstate 40, where the property is described as having approximately 113,000 VPD and more than 1,500 feet of clear visibility from I-40.
Current leasing information provided includes approximately 83% occupancy and a weighted average lease term remaining of about four years. The tenant mix consists of six businesses, including one that has operated at Cedarock Commons for over a decade. The parking field is noted as an area where a purchaser may seek approval to use excess parking for outparcel development.
Key Highlights
- Cedarock Commons is a 123.95‑acre property with 217,000 SF of leasable ground‑level and second‑floor space.
- Site access is immediately off Exit 143 from Interstate 40, with I‑40 traffic at 113,000 VPD and 1,500+ feet of clear visibility.
- Space mix includes 208,000 SF ground level and 9,000 SF on the second floor, accessible by elevator or stairs.
Property Analytics
Current Use
Lease Details
113,000 VPD
Traffic count
83%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
292
Businesses Nearby
132k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 35%
Dining 31%
Groceries 27%
Home Improvements & Furnishings 6%
Food Lion Grocery Store
Groceries
35,104 visits/mo
0.4 miles
State Employees Credit Union
Shops & Services
17,251 visits/mo
0.4 miles
Wendy's
Dining
14,869 visits/mo
0.3 miles
Truliant Federal Credit Union
Shops & Services
11,164 visits/mo
0.4 miles
K&W Cafeteria
Dining
9,585 visits/mo
0.4 miles
Demographics for 27215, NC
44,620
Population
21,854
Households
2
Avg Household Size
42
Median Age
37%
College-Educated
92%
High-School Grad
63.1 sq mi
ZIP Area
707
Density / Sq Mi
$66,669
Median Household Income
$45,267
Median Earnings
$1,112
Median Rent
$241,700
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Shopping center - Cedarock Commons offers ground-level retail plus second-floor space with billboard signage and large parking for flexible use.
Where is this shopping center located?
The property is located at 2401-2589 Eric Lane Burlington, NC.
What are key features of this property?
This property features: Cedarock Commons is a 123.95‑acre property with 217,000 SF of leasable ground‑level and second‑floor space.; Site access is immediately off Exit 143 from Interstate 40, with I‑40 traffic at 113,000 VPD and 1,500+ feet of clear visibility.; Space mix includes 208,000 SF ground level and 9,000 SF on the second floor, accessible by elevator or stairs.
