Listing Agency: The Nichols Company Show Phone

Listed By: Josh Beaver · License #185878

Source: Moodyscre

Added: Aug 16, 2021 Changed: Jul 6 Last Checked: Jul 21 at 2:58AM

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Investment Insights

Based on property information with market context.

This investment opportunity is located within one of North Carolina’s top tourist destinations. The property is surrounded by retail and adjacent to Charlotte’s largest shopping trade area, Concord Mills Mall, offering a great opportunity in one of Charlotte’s top, established growth markets. The property includes approximately 5,300 square feet of entertainment space on approximately 1.16 acres of land. Opened in 2019, the IFLY entertainment space has been successful, attracting visitors to experience an indoor skydiving experience.

Key Highlights

• Located in a top North Carolina tourist destination.
• Adjacent to Concord Mills Mall, Charlotte's largest shopping trade area.
• High‑performing IFLY tenant established in 2019.

Property Analytics

Property Profile

Current Use

iFLY Indoor Skydiving ... Tourist Attraction

Suggested Use

Top Pick HVAC Service Plumbing Service Parking Lot & Garage (Bike/Boat/Book/etc) Store Veterinary Clinic Pet Grooming Service

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

661

Businesses Nearby

996k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Apparel 30% Dining 28% Shops & Services 18% Electronics 7%

Bass Pro Shops Apparel

164,773 visits/mo 0.3 miles

DICK'S Sporting Goods Apparel

68,658 visits/mo 0.3 miles

Best Buy Electronics

66,153 visits/mo 0.3 miles

BJ's Wholesale Club Superstores

51,212 visits/mo 0.2 miles

Texas Roadhouse Dining

44,435 visits/mo 0.2 miles

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

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Frequently Asked Questions

What type of property is this?

Retail space - Retail investment opportunity in a top North Carolina tourist destination.

Where is this retail space located?

The property is located at 7840 Lyles Ln NW Concord, NC.

What are key features of this property?

This property features: Located in a top North Carolina tourist destination.; Adjacent to Concord Mills Mall, Charlotte's largest shopping trade area.; High‑performing IFLY tenant established in 2019.