1726 Glidewell Dr
Burlington, NC 27215
Retail Property For Sale

This Red Lobster is located at 1726 Glidewell Drive in Burlington, North Carolina. Burlington is a city in Alamance county, and is the principal city of the Burlington metropolitan statistical area. Burlington is located approximately 17 miles east of Greensboro, the third-largest city in North Carolina. Surrounding Retail and Points of Interest The subject property is well-positioned on Glidewell Drive, off of University Drive and U.S. Interstate-40, benefitting from its proximity to many major national and local companies. Nearby national tenants include: Walmart, Kmart, BJ’s, Sears, Target, Lowe’s, Best Buy, TJ Maxx, Hobby Lobby, Kohl’s, JCPenney, and Belk among various others. These major tenants anchor two adjacent shopping centers, which are Alamance Crossing and Holly Hill Mall. The subject property is part of Alamance Crossing, which is two miles west from Holly Hill Mall. Additionally, the Alamance Regional Medical Center is within two miles of the Red Lobster property and is a private, not-for-profit 238 bed hospital. In 2012, Alamance Regional Medical Center received the Most Wired Award from the American Hospital Association their integration of information technology with their patient care. Traffic Counts and Demographics This Red Lobster has approximately 29,488 individuals within a three-mile radius of the property and more than 64,262 within a five-mile radius. The Red Lobster property is located on Glidewell Drive, nearby is U.S. Interstate-40 which has daily traffic counts of 108,506. Greensboro, Alabama 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.