1439 University Dr
Burlington, NC 27215
Ashley HomeStore · Retail Property For Sale

SURROUNDING RETAIL & POINTS OF INTEREST The subject property is strategically located on one of the major connecting roads between the heart of Burlington and Interstates 40 & 85. Within the retail corridor, national retailers include Walmart, Target, Michael’s, Ross Dress For Less, Hobby Lobby, BJ’s, Dick’s, TJ-Maxx, JC Penney, several hospitality accommodations as well as countless quick service restaurants. Elon University is an American private, non-sectarian, coeducational liberal arts university with a historic 636-acre campus in Elon, North Carolina, which has a total enrollment of nearly 7,000 students and is located less than three miles north of the subject property. Alamance Regional Medical Center, a 238-bed, general medical and surgical facility is located three miles southwest from the subject property. TRAFFIC COUNTS & DEMOGRAPHICS There are approximately 28,217 individuals residing within a three-mile radius of the property and more than 61,580 individuals within a five-mile radius. The subject property is located on University Drive, which serves as an access road to both Interstate-40 & Interstate-85, which experience an average daily traffic count exceeding 91,000 vehicles. The subject property is positioned within close proximity to South Church Street, which brings an additional 21,000 vehicles per day into the immediate surrounding area. MARKET OVERVIEW Burlington is a city in Alamance and Guilford counties. It is the principal city of the Burlington, North Carolina Metropolitan Statistical Area which encompasses all of Alamance County, in which most of the city is located. Burlington is located 15 miles east of Greensboro, North Carolina. Greensboro is a the county seat of Guilford County, North Carolina as well as the third largest city in the state. Greensboro economy is historically based off of textiles, tobacco, and furniture; however, it has more recently shifted into a center for logistics. Several companies have regional operations based in the city, FedEx being one of them. Many other companies are based in Greensboro such as Mack Trucks and Volvo Trucks of North America and the VF Corporation. Many schools are also located in the city, such as Bennett College, Greensboro College, and Guilford College, which have a total combined enrollment of over 4,000 students.