646-877-0835
5850 W Highway 74, Indian Trail, NC for Sale
Retail - FOR SALE
1/8
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5850 W Highway 74
Indian Trail, NC 28079


OVERVIEW

Legacy Realty Group Advisors is pleased to exclusively offer for sale Union Town Center, a 102,360 SF grocery-anchored neighborhood shopping center located in Indian Trail, North Carolina. The property is anchored by Food Lion, which has operated at the site for over 26 years and recently executed a 10-year lease renewal in 2023. 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.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Union Town Centre; Bldg 1

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

626

LAND DETAILS

LAND ACRES

15.03 AC

LAND SF

654,663 SF

ZONING

RBD INDIAN

APN/PARCEL ID

07-066-013-D

ASK ABOUT THIS PROPERTY

Jacob BaruchLegacy Realty Group AdvisorsMore Info
646-877-0835

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Jacob BaruchLegacy Realty Group AdvisorsMore Info
646-877-0835

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.