Building Details

Tenancy Multi

Listing Agency: CBRE | Charlotte k***@cbre.com Show Phone

Listed By: Katherine Southard · License #313498 Show Phone

Source: Cbre

Added: Jul 9 Changed: Aug 30 Last Checked: Aug 30 at 7:45PM

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Investment Insights

Based on property information with market context.

Union Town Centre is a neighborhood shopping center totaling approximately 102,360 SF in Indian Trail, North Carolina. Food Lion and Dollar Tree serve as the center’s identified anchors, supporting a retail-focused tenant mix and established commercial setting.

The property is positioned along West Highway 74 and provides three access points. Two pad sites create additional development capacity within the shopping center, while the existing retail improvements offer a substantial footprint for neighborhood-serving commerce.

Key Highlights

• Approximately 102,360 SF shopping center
• Anchored by Food Lion and Dollar Tree
• Three access points

Property Analytics

Property Profile

Current Use

Shopping centers

Suggested Use

Top Pick Building Supply Law Firm Auto Parts Store Big Box & Wholesale Store Auto Repair Shop Dental Office

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

Lease Details

Multi-tenant

Tenancy

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

55

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 28079, NC

39,051

Population

14,354

Households

2.7

Avg Household Size

38

Median Age

41%

College-Educated

93%

High-School Grad

46.6 sq mi

ZIP Area

838

Density / Sq Mi

$97,602

Median Household Income

$47,483

Median Earnings

$1,895

Median Rent

$352,000

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Shopping center - Food Lion and Dollar Tree anchor a visible retail center with three access points and additional development sites.

Where is this shopping center located?

The property is located at 5850 West Highway 74 Indian Trail, NC.

What are key features of this property?

This property features: Approximately 102,360 SF shopping center; Anchored by Food Lion and Dollar Tree; Three access points