1245 Concord Pkwy Concord, NC 28025
- Lifestyle centers
- 66,772 SF
Current Use by Public Records
- Redbox / Movie Rental Kiosk / Dvd Store
- Western Union / Money Transfer Service
- PNC Bank ATM / Atm
- higi / Health Consultant
- SHOPPES AT DAVIDSON CORNER / Pet Supply Store
Property Details for 1245 Concord Pkwy
- Property size
- 66,772 SF
- 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 Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Concord
- County
- Cabarrus
- State
- North Carolina
- Longitude
- -80.6059
- Latitude
- 35.4327
