11431 Us Highway 29 Charlotte, NC 28262

Property Details for 11431 Us Highway 29

Property type

Land

Description

This exceptional land parcel, located at 11431 US-29 in Charlotte, North Carolina (zip code 28262), presents a unique build-to-suit opportunity for single-tenant retail development. The site offers flexible building footprints ranging from 1,500 to 8,000 square feet, catering to a variety of retail concepts. Its strategic location near the intersection of US-29 and Pavilion Boulevard provides excellent visibility and accessibility. The property benefits from its proximity to major thoroughfares, including I-485 (with a daily traffic volume of 96,500 vehicles) and Tryon Street (34,000 VPD), ensuring high traffic exposure. This area boasts strong demographics, with significant population growth: approximately 14% within a 3-mile radius and 24% within a 5-mile radius over the past eight years. The site is ideally situated next to a residential community comprising nearly 3,000 homes and over 9,000 residents, providing a built-in customer base. Ample on-site parking is available with 81 spaces. This is an exceptional opportunity to capitalize on the robust growth and high traffic volume in this thriving Charlotte location. Mecklenburg County location offers further advantages. The property is classified as Land, with a single-tenant designation.