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Union Town Centre; Bldg 1 5850 W Highway 74 102,360 SF 100% Leased Retail Building Indian Trail, NC 28079 For Sale



Executive Summary
Located approximately 17 miles southeast of Charlotte, Indian Trail is one of the fastest-growing suburbs in the Charlotte MSA, supported by strong household incomes and sustained population growth. The center benefits from excellent visibility, strong traffic counts, and a well-established retail corridor that supports long-term tenant demand.
With long-term leases in place and a proven grocery anchor, Union Town Center offers investors stable, recession-resistant cash flow, along with future upside through two outparcel development opportunities that provide the potential to increase NOl.
Property Facts
Amenities
- Restaurant
- Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
Food Lion is a U.S. grocery retailer headquartered in Salisbury, North Carolina. The company was founded in 1957 as Food Town and later rebranded as Food Lion in 1983 to support expansion into additional regional markets. The brand operates full-service supermarkets offering fresh foods, packaged grocery products, and in-store services such as deli and pharmacy departments. Food Lion functions as a core operating banner within Ahold Delhaize, an international grocery retail group headquartered in the Netherlands. Following the 2016 merger of Ahold and Delhaize Group, Food Lion became part of a multinational grocery portfolio while continuing to operate independently under its established brand name in the United States. The company is not publicly traded on its own and operates as a privately held subsidiary of Ahold Delhaize, whose shares trade publicly. Food Lion stores are commonly positioned as anchor tenants in neighborhood and community shopping centers, supporting daily-needs retail formats. Over time, the company has focused on store remodels, private-label expansion, and operational efficiency initiatives aligned with grocery-anchored real estate strategies.
Lily Nails is a full-service nail salon and spa specializing in quality nail design at an affordable price. They operate salons and spas all over the continental United States and dedicate their time and energy to ensuring customers have a comfortable experience and leave happy. Their nail artists are very experienced, having spent years mastering nail art. They guarantee that customers will leave satisfied and anticipating their next visit. Lily Nails' salons are clean, comfortable, and professional, making them the best in the business.
Workout Anytime began in 1999 as a fitness franchise built around affordable, around-the-clock gym access. The company operates a nationwide network of 24-hour clubs and offers cardio equipment, personal training, tanning, and other fitness services through a franchise model. Workout Anytime also supports members with shared access across club locations and digital workout tools, reflecting a business focused on convenience and flexible training options. Recent company updates describe a continued push for growth across the United States and a broader presence in community wellness partnerships.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
Retailer | - | - | Lorem Ipsum | Jan 0000 | |
|
Services | - | - | Lorem Ipsum | Jan 0000 | |
|
Arts, Entertainment, and Recreation | - | - | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 07-066-013-D | Improvements Assessment | $10,571,300 |
| Land Assessment | $5,260,100 | Total Assessment | $15,831,400 |
Property Taxes
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Union Town Centre; Bldg 1 | 5850 W Highway 74
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