Settle into an opportunity at Settlers Landing, moments from Concord Mills, Charlotte Motor Speedway, as well as the new facilities of Eli Lilly and Company and Red Bull, which encourage exponential growth. The site’s location offers prime walkability to nearby townhouses and apartments.
This 8.98-acre tract offers visibility on Concord Parkway (Highway 29) and provides easy access off Jacobs Crossing Boulevard, with multiple points of ingress/egress. This tract has infrastructure in place, five curb cuts, and can be subdivided. Ideal for medical, professional, retail, or special-purpose uses.
There are approximately 164,551 households within a 10-mile radius of the subject, with an average income of nearly $95,000, generating a robust consumer spending power of $5.2 billion. The three largest spending categories align with food and alcohol, transportation and maintenance, and household expenses. Cabarrus County is expected to experience a significant 1.93% population increase by 2029.
The Charlotte retail market is a high-barrier-to-entry locale with strong population growth, high-income job growth, and limited new construction. Don’t miss out on this rare opportunity to develop in the historically tight retail market of Charlotte.