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    5132 Old Charlotte Hwy Monroe, NC 28110

    Sponsored
    For Lease
    Contact for pricing

    Publix-anchored center, Indian Trail, NC

    Lot size:
    9,684 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Hanfield Village Shopping Center offers exceptional retail space opportunities in the thriving Indian Trail, NC market. This Publix-anchored center boasts a strong tenant mix, including popular restaurants like East Coast Wings, Shoku, and Jet's Pizza, alongside national brands such as Club Pilates and Geico. The center's strategic location is surrounded by residential areas and enjoys high visibility across the street from Sun Valley Middle and High Schools. Multiple spaces are available, ranging from 1,751 to 3,237 contiguous square feet, with a minimum divisible space of 2,096 square feet. The property benefits from a combined 38,000 average daily traffic count (ADT) on Wesley Chapel Stouts and Old Charlotte Highway, ensuring significant foot traffic and visibility for your business. Furthermore, a major infrastructure improvement is underway: the widening of Old Monroe Road from two to four lanes (NCDOT Project U-4714), which will further enhance accessibility and visibility for the center. This project promises increased traffic flow and improved connectivity, making Hanfield Village Shopping Center an even more attractive location for businesses seeking high-traffic exposure and a strong community presence. This is a prime opportunity to establish or expand your retail presence in a rapidly growing area.

    Property Features for 5132 Old Charlotte Hwy

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    9,684 SF

    Unit(s) available at that property

    Space
    Suite 5
    Size
    3,237 SF
    Space
    Suite 15
    Size
    1,751 SF
    Space
    Suite 13
    Size
    2,096 SF
    Space
    Suite 12
    Size
    2,600 SF

    HighLights

    • High‑traffic location with 38,000 ADT on Wesley Chapel Stouts and Old Charlotte Hwy.
    • Retail spaces available for lease, ranging from 1,751 to 3,237 square feet.
    • Old Monroe Road widening to four lanes (NCDOT Project U‑4714) is a significant infrastructure improvement.
    Property Profile Location Intelligence

    Current Use by Public Records

    City National Bank ... Bank Publix Pharmacy at Shoppes ... Pharmacy Redbox Movie Rental Kiosk Western Union Money Transfer Service Publix Catering at Shoppes ... Caterer

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Monroe
    County
    Union
    State
    North Carolina
    Longitude
    -80.642458417984
    Latitude
    35.047852641419

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    FAQs

    What type of property is this?
    Retail property - Publix-anchored center, Indian Trail, NC
    Where is this retail property located?
    The property is located at 5132 Old Charlotte Hwy Monroe, NC.
    What are key features of this property?
    This property features: High-traffic location with 38,000 ADT on Wesley Chapel Stouts and Old Charlotte Hwy.; Retail spaces available for lease, ranging from 1,751 to 3,237 square feet.; Old Monroe Road widening to four lanes (NCDOT Project U-4714) is a significant infrastructure improvement.
    Request Owner's contact information
    5132 Old Charlotte Hwy Monroe, NC 28110
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    Monroe, NC 28110
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5132 Old Charlotte Hwy Monroe, NC 28110
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