Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1127 Charlotte Hwy Troutman, NC 28166

    For Lease
    Contact for pricing

    Prime Food Lion-anchored center, 15 suites available.

    Lot size:
    53,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This Class A, 53,000 square foot shopping center is situated on 9.2 acres at the highly visible intersection of Charlotte Highway and Crosstie Lane in Troutman, North Carolina (zip code 28166). The center features 261 parking spaces and offers multiple suite options ranging from 1,200 to 10,000 contiguous square feet, with a total of 15 suites available. Food Lion, the anchor tenant, is slated to open in early 2025, with other retail spaces ready for occupancy in late 2025. This development benefits from its location within one mile of over 1,250 recently completed or under-construction residential units, and an additional 700+ units in the planning stages. Furthermore, a planned 1.7 million square foot industrial development by TPA Group will bring significant employment opportunities to the area, boosting the local economy and increasing foot traffic to the shopping center. The property was built in 2025. This presents a unique opportunity to establish a presence in a rapidly growing community with strong residential and employment growth projections. The center's strategic location and the presence of a major grocery anchor make it an attractive investment for businesses seeking high visibility and a thriving customer base.

    Property Features for 1127 Charlotte Hwy

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    53,000 SF
    Class
    A

    Building Details

    Year Built
    2025

    Unit(s) available at that property

    Space
    Shop Space
    Size
    10,000 SF

    HighLights

    • 53,000 SF Gross Leasable Area (GLA)
    • Shop spaces available ranging from 1,200 to 10,000 SF
    • 1‑2 acre outparcel pads available
    • Delivery: Late 2025
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

    Restaurant Law Firm Building Supply Dental Office Wholesale Shop Storage Facility Discount Store Garden Center Electronics Store Computer & Electronic Repair

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

    Location Insight

    • Map
    • Local Demand
    City
    Troutman
    County
    Iredell
    State
    North Carolina
    Longitude
    -80.850848402023
    Latitude
    35.663997609348

    Nearby Comparable

    • $7 SF/Yr
      14,400 SF

      Troutman Heavy Industrial Facility

      14,400 sq ft industrial building for lease in Troutman, NC.
      344 Field Dr, Troutman, NC 28166
      View Details
    • $11 SF/Yr
      9,330 SF

      New Construction Flex Suites Available

      New flex suites for lease in Deerfield Business Park.
      110-112 Exmore Rd, Mooresville, NC 28115
      View Details
    • $12 SF/Yr
      23,697 SF

      Mooresville Office/Flex Space For Lease

      23,697 SF office/flex space in Deerfield Business Park.
      116 Exmore Rd, Mooresville, NC 28115
      View Details
    • Contact for pricing

      2.6 Acres Near I-77 Exit

      2.6 acres for ground lease near I-77 in Troutman.
      S Main St, Troutman, NC 28166
      View Details
    • Contact for pricing
      113,000 SF

      Mooresville Industrial Property for Lease

      113,000 SF industrial property on 10+ acres available for lease.
      200 Mckenzie Rd, Mooresville, NC 28115
      View Details
    • $5 SF/Yr
      301,000 SF

      Distribution Facility in Iredell County

      301,000 SF distribution facility with easy highway access.
      279 Old Murdock Rd, Troutman, NC 28166
      View Details

    Nearby Similar for Lease

    • $7 SF/Yr
      14,400 SF

      Troutman Heavy Industrial Facility

      14,400 sq ft industrial building for lease in Troutman, NC.
      344 Field Dr, Troutman, NC 28166
      View Details
    • $5 SF/Yr
      301,000 SF

      Distribution Facility in Iredell County

      301,000 SF distribution facility with easy highway access.
      279 Old Murdock Rd, Troutman, NC 28166
      View Details

    FAQs

    What type of property is this?
    Lifestyle center - Prime Food Lion-anchored center, 15 suites available.
    Where is this lifestyle center located?
    The property is located at 1127 Charlotte Hwy Troutman, NC.
    What are key features of this property?
    This property features: 53,000 SF Gross Leasable Area (GLA); Shop spaces available ranging from 1,200 to 10,000 SF; 1-2 acre outparcel pads available
    Request Owner's contact information
    1127 Charlotte Hwy Troutman, NC 28166
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1127 Charlotte Hwy
    Troutman, NC 28166
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1127 Charlotte Hwy Troutman, NC 28166
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.