5850 Highway 74 Indian Trail, NC 28079
- Retail properties
- 102,360 SF
- 0.48 lot acres
Current Use by Public Records
- Retail properties
Property Details for 5850 Highway 74
- Lot size
- 0.48 lot acres
- Property size
- 102,360 SF
- Property type
- Retail properties
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Indian Trail
- County
- Union
- State
- North Carolina
- Longitude
- -80.6407
- Latitude
- 35.0683
