Property summary
This exceptional 91,850 square foot shopping center in Alamance County presents a unique investment opportunity. Built in 1948, the property boasts a prime location in Burlington, North Carolina, offering excellent visibility and accessibility. Currently, two suites are available, ranging from a minimum of 1,100 square feet to a maximum contiguous space of 4,404 square feet. A total of 5,504 square feet is currently vacant, providing immediate occupancy potential. The center benefits from ample parking, with 50+ paved parking spots available for customers and tenants. The property enjoys strong anchor tenants including Ollie's Bargain Outlet, Dollar General, Aaron's, and CSL Plasma, ensuring consistent foot traffic. Its strategic location provides convenient access to major retailers such as Walmart, Walgreens, and O'Reilly Auto Parts, further enhancing its appeal. The property's proximity to Elon University (6 miles) and downtown Burlington (2.5 miles) adds to its desirability. Furthermore, its convenient location near I-40/I-85 (5 miles) ensures easy access for customers and employees. The landlord is open to installing a roll-up door at the rear of the building to accommodate tenant needs. This well-established shopping center offers a compelling opportunity for businesses seeking a high-traffic location with strong existing tenants and excellent visibility.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning