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Retail Space in University Commons
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1475 University Dr, Burlington, NC 27215

Retail space with excellent visibility and access in Burlington, NC.

Space Size1,400 SF - 3,200 SF
Property Size227,735 SF
Days on Market1592

Property Features for 1475 University Dr

General Information

Standard status Active
Size 1,400 SF - 3,200 SF
Property subtype Retail

Building Details

Building Size 227,735 SF
Tenancy Multiple

Spaces For Lease

at 1475 University Dr Contact us

1080

Size
1,400 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

1100

Size
2,800 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

1020

Size
3,200 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: CASTO
Listed By: Kristen Dykes · License #NC, SC, GA
Source: Crexi
Added: Apr 13, 2022 Changed: Aug 11 Last Checked: Aug 20 at 10:26PM

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 CASTO

Investment Insights

Based on property information with market context.

University Commons is located at the intersection of Interstates 40/85 and University Drive, in Burlington, North Carolina. The center offers accessibility and visibility. The tenant mix includes national retailers such as Target, TJ Maxx, Best Buy, Ross Dress For Less, and Michaels. The property is located across the street from Alamance Crossing, an open-air shopping, dining and entertainment destination. Burlington Square Mall and Alamance Regional Medical Center are nearby. Several colleges and universities are within a one-hour drive.

Key Highlights

  • Outstanding location at Interstates 40/85 and University Drive.
  • Easy access and excellent visibility.
  • Mix of strong national tenants including Target, TJ Maxx, Best Buy, Ross Dress For Less and Michaels.

Property Analytics

Current Use

CVS Pharmacy Pharmacy Alicia M. Ho, ... Pharmacy George M. Hahle, ... Pharmacy Starbucks Cafe & Coffee Shop Target Mobile Mobile Phone Store

Suggested Use

Top Pick Big Box & Wholesale Store HVAC Service Law Firm Storage Facility Kitchen & Bath Showroom Garden Center

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

243
Businesses Nearby
881k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 39% Shops & Services 20% Apparel 18% Superstores 14%
Target Superstores
124,101 visits/mo 0.1 miles
Chick-fil-A Dining
59,612 visits/mo 0.2 miles
T.J. Maxx Apparel
54,418 visits/mo 0.2 miles
Five Below Shops & Services
46,196 visits/mo 0.4 miles
DICK'S Sporting Goods Apparel
43,755 visits/mo 0.5 miles

Demographics for 27215, NC

44,620
Population
21,854
Households
2
Avg Household Size
42
Median Age
37%
College-Educated
92%
High-School Grad
63.1 sq mi
ZIP Area
707
Density / Sq Mi
$66,669
Median Household Income
$45,267
Median Earnings
$1,112
Median Rent
$241,700
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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Similar Off Market Nearby

  • University Commons I-20, Burlington, NC 27215

Frequently Asked Questions

What type of property is this?
Shopping center - Retail space with excellent visibility and access in Burlington, NC.
Where is this shopping center located?
The property is located at 1475 University Dr Burlington, NC.
What are key features of this property?
This property features: Outstanding location at Interstates 40/85 and University Drive.; Easy access and excellent visibility.; Mix of strong national tenants including Target, TJ Maxx, Best Buy, Ross Dress For Less and Michaels.
More about this property
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