Positioned just 15 miles northwest of Charlotte, this ±41,575 SF former grocery box at 421 South Hwy 27 in Stanley, NC, offers a compelling investment opportunity in a high-growth corridor. The property sits on ±4.44 acres and benefits from strong regional spillover demand, driven by Charlotte’s rapid expansion and the area's rising residential base.
The site is located within an established retail corridor with excellent visibility along Hwy 27, which sees over 10,000 vehicles per day. Surrounded by national retailers such as Dollar Tree, CVS, Family Dollar, and Wendy’s, the property is well-positioned to serve a growing consumer base. The flexible open floorplate and ample surface parking make it ideal for repositioning into discount retail, medical, fitness, or entertainment uses.
With a 2025 projected average household income of over $94,000 within a 5-mile radius and a median home value approaching $280,000, the area offers strong demographics to support a wide range of retail or service-oriented tenants. The property’s General Business zoning further enhances its adaptability for future redevelopment or re-tenanting strategies.