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Property profile & analytics
OFF-MARKET
Lifestyle centers

1245 Concord Pkwy Concord, NC 28025

66,772 SF
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Lifestyle centers
Total area 66,772 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · 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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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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
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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