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    1080 Piper Ln Burlington, NC 27215

    Sponsored
    For Lease
    Contact for pricing

    High-traffic NC retail space, single tenant.

    Lot size:
    904,659 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional single-tenant retail property, Alamance Crossing, boasts a substantial 904,659 square feet of space. Strategically located at 1080 Piper Ln, Burlington, NC 27215, this power center enjoys a prime position on I-40/85, benefiting from a high volume of traffic with 124,000 AADT counts. The property's strong tenant mix includes established national brands such as Kohl's, BJ's Wholesale, and Dick's Sporting Goods, ensuring a vibrant and successful retail environment. An added advantage is the availability of a 1.2-acre pad site, presenting significant expansion or development opportunities for prospective buyers or tenants. This property offers a rare chance to acquire a substantial, well-located retail space in a thriving North Carolina market, with the potential for significant returns on investment. The property's size and location make it ideal for a variety of retail uses, and the presence of established co-tenants provides a strong foundation for future success. The available pad site adds further flexibility and potential for growth. This is a unique opportunity to secure a significant retail presence in a high-traffic area.

    Property Features for 1080 Piper Ln

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    904,659 SF

    Unit(s) available at that property

    Space
    Size
    904,659 SF

    HighLights

    • 904,659 SF single‑tenant retail property in Burlington, NC.
    • Prime I‑40/85 location with 124,000 AADT.
    • Strong tenant mix including Kohl's, BJ's Wholesale, and Dick's Sporting Goods.
    • 1.2‑acre pad site available for expansion.
    Property Profile Location Intelligence

    Current Use by Public Records

    Tesla Supercharger Electric Vehicle Charging Station Feed the Hunger Volunteer Organization Alamance Crossing Shopping Mall TNT Fireworks Fireworks Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Burlington
    County
    Alamance
    State
    North Carolina
    Longitude
    -79.5082614
    Latitude
    36.070252

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    FAQs

    What type of property is this?
    Retail property - High-traffic NC retail space, single tenant.
    Where is this retail property located?
    The property is located at 1080 Piper Ln Burlington, NC.
    What are key features of this property?
    This property features: 904,659 SF single-tenant retail property in Burlington, NC.; Prime I-40/85 location with 124,000 AADT.; Strong tenant mix including Kohl's, BJ's Wholesale, and Dick's Sporting Goods.
    Request Owner's contact information
    1080 Piper Ln Burlington, NC 27215
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    Burlington, NC 27215
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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
    1080 Piper Ln Burlington, NC 27215
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