Property profile

1080 Piper Ln Burlington, NC 27215

OFF-MARKET
Lifestyle centers
855,000 SF 1.2 ac lot
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Property summary

AI-generated overview

Alamance Crossing, a prime retail shopping center located at 1080 Piper Ln, Burlington, NC 27215, offers a significant leasing opportunity. This multi-tenant property boasts a total of 855,000 square feet of retail space situated on 1.2 acres of land. Currently, there is at least one space available for lease, ideal for a variety of retail businesses seeking high visibility and convenient access. The property's strategic location in Burlington, North Carolina, ensures excellent exposure to a substantial customer base. The center's design and layout are conducive to a thriving retail environment, offering ample parking and convenient access for shoppers. This is a rare opportunity to secure space within a well-established and successful shopping center in a growing market. The property is classified as a shopping center with multiple tenants, indicating a strong and diverse retail community. The address is easily accessible and visible from a major thoroughfare, ensuring high traffic flow and potential for increased customer engagement. Interested parties are encouraged to inquire about available space and lease terms. This property presents a compelling investment opportunity for businesses seeking a prominent location in a vibrant retail market. The property's size and location make it an attractive option for both established businesses and new ventures looking to expand their reach.

Property profile

Verified
Property type Lifestyle centers
Total area 855,000 SF
Lot 1.2 ac (52,272 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Electric Vehicle Charging Station
  • Volunteer Organization Charitable Organization
  • Shopping Center & Mall
  • Discount Store Party Supply Store

Location

1080 Piper Ln Burlington, NC 27215
Burlington metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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