5850 W Highway 74
Indian Trail, NC 28079
102,360 +/- SF Grocery-Anch Ctr · Retail Property For Sale

SRS Real Estate Partners, as exclusive broker, is pleased to offer Union Town Centre - a 102,360 +/- SF neighborhood center anchored by Food Lion and Dollar Tree - located in Indian Trail, North Carolina within the Charlotte, NC MSA. The Property benefits from very good physical shopping center fundamentals which include a traditional L-shaped' strip center layout, excellent visibility and prominent signage along US-74, three (3) different access points, a signalized intersection at its western corner, and high quality design and structure management. In addition to the traditional lease-up opportunity of 2,000 +/- SF that is currently available, Union Town Centre provides investors with the potential to further develop the Center via two pad sites which measure 0.52 +/- AC and 0.34 +/- AC, respectively. Given the strong leasing momentum currently at the Property, the pad sites provide an excellent opportunity to add immediate value to the asset. Union Town Centre is located in Indian Trail, North Carolina five miles southeast of Interstate 485. Positioned just 15 miles from Downtown Charlotte in Union County, the Property is easily accessible via both I-485 and US-74. Situated between Matthews and Monroe, North Carolina, Indian Trail is a part of the Charlotte-Concord-Gastonia metropolitan statistical area. With a population exceeding 2.5 million, the Charlotte- Concord-Gastonia MSA is the 22nd largest metro area in the U.S., and Mecklenburg County is home to more than 1,000,000 people - making it the most densely populated county in North Carolina. A city that has rapidly expanded and developed in conjunction with Interstate 485, Indian Trail continues to be a major part of Charlotte' s growth as it cements its role as one of the most highly-rated cities for business and quality of life in the Southeast. Providing small-town charm with easy access to the big-city amenities of Charlotte, Indian Trail has been named one of the Top Ten Places in America in which to Raise a Family by Family Circle Magazine. Indian Trail is one of the fastest-growing parts of the rapidly expanding Charlotte MSA.