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    1245 Concord Pkwy Concord, NC 28025
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    Property profile & analytics

    1245 Concord Pkwy, Concord, NC 28025

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    • Lifestyle centers
    • 66,772 SF
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Redbox / Cinema / (Bike/Boat/Book/etc) Store
    • Western Union / Bank / Credit Union
    • PNC Bank ATM / Atm
    • higi / Physician
    • SHOPPES AT DAVIDSON CORNER / (Bike/Boat/Book/etc) Store / Pet Store & Service

    Property Details for 1245 Concord Pkwy

    Property type
    Lifestyle centers
    Property subtype
    Power centers

    Description

    This exceptional retail opportunity is located in the thriving Concord submarket of Charlotte, NC, offering 1,240 square feet of space within the 66,772 square foot Shoppes at Davidson Corner shopping center. Strategically positioned at the intersection of Highway 29, Davidson Highway, and Church Street, this prime corner location provides unparalleled visibility and accessibility. The property benefits from its proximity to major thoroughfares, including I-85, ensuring high traffic volume and convenient access for customers. Across the street sits Atrium Health Cabarrus, a significant 457-bed hospital, creating a substantial and consistent customer base. Concord's robust economic growth, fueled by substantial investments from companies like Eli Lilly, Red Bull, Rauch, and Ball Corporation (totaling over $2 billion), further enhances the property's long-term value. The area boasts a projected annual population growth of 2.0% within a one-mile radius over the next five years, promising a continuously expanding market. This space presents a unique chance to establish a business in a high-growth area with strong demographics and significant economic drivers. The single suite within the shopping center offers immediate occupancy.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

    • Map
    • Local Demand
    City
    Concord
    County
    Cabarrus
    State
    North Carolina
    Longitude
    -80.6059
    Latitude
    35.4327
    More about this property
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