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NTB Auto Shop Outparcel
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Pending

2448 S Church St, Burlington, NC 27215

Leased automotive property positioned as an outparcel to Lowe’s with corporate tenancy.

Property Size6,844 SF
Days on Market142

Property Features for 2448 S Church St

General Information

Standard status Pending
Size 6,844 SF
Property subtype Retail

Additional Details

Cap Rate 7.75%
Listing Agency: Marcus & Millichap - Manhattan
Listed By: Christopher Pappas · License #NY 10401300636
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 8:29AM

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 Marcus & Millichap - Manhattan

Investment Insights

Based on property information with market context.

This 6,844-square-foot auto shop is identified as an NTB outparcel to Lowe’s and is subject to a corporate lease. The property is located at 2448 S Church St in Burlington, North Carolina, and carries a 7.75% cap rate.

Key Highlights

  • 6,844 SF auto shop
  • NTB outparcel to Lowe’s
  • Corporate lease

Property Analytics

Current Use

NTB-National Tire & Battery (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Building Supply HVAC Service Kitchen & Bath Showroom Big Box & Wholesale Store Storage Facility Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

766
Businesses Nearby
318k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Groceries 32% Dining 30% Home Improvements & Furnishings 18% Shops & Services 16%
Lowe's Home Improvements & Furnishings
56,709 visits/mo 0.2 miles
Harris Teeter Groceries
55,241 visits/mo 0.3 miles
Publix Groceries
47,115 visits/mo 0.4 miles
LongHorn Steakhouse Dining
23,685 visits/mo 0.3 miles
Wendy's Dining
20,333 visits/mo 0.2 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

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Auto shop - Leased automotive property positioned as an outparcel to Lowe’s with corporate tenancy.
Where is this auto shop located?
The property is located at 2448 S Church St Burlington, NC.
What are key features of this property?
This property features: 6,844 SF auto shop; NTB outparcel to Lowe’s; Corporate lease
More about this property
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