Property summary
Union Town Center, a thriving neighborhood shopping center in Indian Trail, North Carolina, presents a compelling retail investment opportunity. Located at 5850 W Hwy 74, this center boasts a substantial 102,360 square feet of retail space, anchored by a prominent Food Lion and a Dollar Tree. The property sits on a sizable lot ranging from 0.48 to 0.75 acres, zoned RBD (Regional Business District), allowing for diverse commercial uses. Its strategic location provides excellent visibility and accessibility, enhanced by three convenient access points. The center's potential extends beyond its existing footprint, with two available pad sites offering opportunities for further development. Preliminary plans indicate the possibility of constructing outparcel buildings ranging from approximately 6,087 to 11,200 square feet. The RBD zoning allows for a variety of uses, and the presence of a drive-thru is a possibility for future tenants. This well-positioned center offers a strong foundation for immediate income generation and long-term growth potential within a vibrant community. The property's size, location, and existing anchor tenants make it an attractive investment for both seasoned and emerging retail investors. The potential for additional development further enhances its value and future prospects.
Property profile
VerifiedCap rate & NOI
Current use
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Discount Store
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Dental Office
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Gym & Fitness Center
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Eye Care Center Ophthalmologist
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Bank Credit Union
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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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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