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Unanchored Retail Strip Center
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8455 Pit Stop Ct NW, Concord, NC 28027

Unanchored strip center offering prominent visibility from Concord Mills Boulevard near Concord Mills and Bexley Village.

Property Size15,817 SF
Price / SF$568.69
Days on Market136

Property Features for 8455 Pit Stop Ct NW

General Information

Standard status Active
Size 15,817 SF
Class A
Property subtype Retail
Zoning C-2
Occupancy 100%
Lease Type NNN
Investment Type Net Lease
Net Operating Income $548,079

Building Details

Year Built 2007
Year Renovated 2017
Units 101
Tenancy Multi
Listing Agency: Northmarq Capital, LLC
Listed By: Gregory Laughton · License #NC 313776
Source: Crexi
Added: Apr 22 Changed: Aug 23 Last Checked: Sep 2 at 8:23AM

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 Northmarq Capital, LLC

Investment Insights

Based on property information with market context.

Promenade Shoppes at Concord Mills is an unanchored retail strip center offered for sale at 8455 Pit Stop Ct NW, Concord, NC 28027. The center is positioned to benefit from strong visibility from Concord Mills Boulevard and is served by tenants under long-term leases.

The property is located in close proximity to Concord Mills Mall and near Bexley Village, a 624-unit multi-family community that contributes to customer traffic in the area.

As an unanchored center, Promenade Shoppes provides an opportunity for buyers seeking a retail asset built around existing tenancy rather than a single dominant anchor.

Key Highlights

  • Unanchored strip center with prominent visibility from Concord Mills Boulevard near Concord Mills
  • Year built: 2007
  • Unanchored retail center with long‑term leases supporting stable cash flow

Property Analytics

Current Use

Modern Family Dental ... Dental Office BIRYANI POT | Indian ... Restaurant Sakura Sushi Restaurant Stacey Metty Dental Office Dr. Taj Haynes Dental Office

Suggested Use

Top Pick Law Firm Building Supply HVAC Service Parking Lot & Garage Electrical Service Grocery & Convenience Store

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

867
Businesses Nearby
916k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 40% Shops & Services 17% Superstores 14% Apparel 10%
Walmart Superstores
132,543 visits/mo 0.3 miles
AMC Concord Mills 24 Leisure
78,821 visits/mo 0.3 miles
Lowe's Home Improvements & Furnishings
46,955 visits/mo 0.1 miles
Kohl's Apparel
45,281 visits/mo 0.4 miles
Academy Sports + Outdoors Apparel
44,327 visits/mo 0.2 miles

Demographics for 28027, NC

76,478
Population
31,450
Households
2.4
Avg Household Size
36
Median Age
43%
College-Educated
92%
High-School Grad
69.0 sq mi
ZIP Area
1,108
Density / Sq Mi
$89,101
Median Household Income
$48,976
Median Earnings
$1,433
Median Rent
$341,900
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?
Strip mall - Unanchored strip center offering prominent visibility from Concord Mills Boulevard near Concord Mills and Bexley Village.
Where is this strip mall located?
The property is located at 8455 Pit Stop Ct NW Concord, NC.
What is the asking price?
The asking price for this property is $8,995,000.
What are key features of this property?
This property features: Unanchored strip center with prominent visibility from Concord Mills Boulevard near Concord Mills; Year built: 2007; Unanchored retail center with long‑term leases supporting stable cash flow
More about this property
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