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Property profile & analytics
FOR LEASE
Retail properties & Spaces

1480 Concord Pkwy N Concord, NC 28025

144,351 SF 2.54 ac lot Built 1969
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US53-1729910
Property summary
AI-generated overview

This exceptional retail opportunity presents 137,657 square feet of vacant space within the established Carolina Mall, located at 1480 Concord Parkway North in Concord, North Carolina, zip code 28025. Situated on a 3-acre lot in Cabarrus County, this multi-tenant property boasts a total building size of 550,000 square feet, offering significant potential for expansion and growth. The available space presents a unique chance to establish a prominent presence within a thriving retail center. The property's prime location in Concord provides easy access to major transportation routes and a large customer base. This is an ideal location for businesses seeking high visibility and strong foot traffic. The substantial square footage allows for a variety of retail configurations, catering to diverse business needs. The property is currently designated for lease, presenting a compelling investment opportunity for businesses looking to expand or establish themselves in a dynamic market. Serious inquiries are encouraged to explore the possibilities of this significant retail space within Carolina Mall. Contact us to schedule a viewing and discuss lease terms.

Property profile
Verified
Property type Retail properties & Spaces
Use group DEPARTMENT STORE
Year built 1969
Construction STEEL FRAME
Total area 144,351 SF
Lot 2.54 ac (110,642 SF)
Zoning code C-2
APN 5621 28 0696
UPID US53-1729910
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
  • Hot Topic Fashion Accessories Store Music Store
  • Journeys Clothing & Fashion Store (Bike/Boat/Book/etc) Store
  • Industry Retail Group Industrial Manufacturer Production Facility
  • T-Mobile Authorized Retailer Mobile Phone Store Electronics & Wireless Store
  • Newman Jewelers (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.69M
Blend (final) Blend
$4.46M
Owner & transaction history
Tf Concord Nc LLC · 7 yrs held
Tf Concord Nc LLC
since 2019
6 recorded transactions
2019
Price N/A
2019
Price N/A
2018
Price N/A
2018
Price N/A
2013
Price N/A
1969
Price N/A
Zoning & alternative use
C-2 · Concord, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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