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2415 Herrons Nest Pl
Concord, NC 28027

$19,750,000 USD

Supermarket For Sale  •  52,000 SF

Property Details

• Property Type Supermarket
• Total Building Size 52,000 SF
• Lot Size 4.69 AC
• Building Class A
• Year Built 2024
• Cap Rate 6.15 %
• Tenancy Single
• Zoning C

0 Transit Score

46 Walk Score

Highlights

Lowes Foods serves as the anchor of Christenbury Village, a dynamic 16+ acre master-planned development

Built in 2024, Lowes Foods is subject to a new 20- year corporate lease with rare 10% rent increases every 5 years during the initial lease term.

Concord Mills Boulevard has long been considered one of the most high-volume retail shopping corridors throughout North Carolina.

Property benefits from a robust demographic profile, over 144K residents living within a 5-mile radius, boasting an average household income of $124K

Located just 20 minutes from Charlotte’s CBD, Christenbury Village benefits from the city’s robust economy, which is home to 18 Fortune 500 companies.

Cap Rate:

6.15 %

Amenities

• Corner Lot
• Air Conditioning

Public Transportation

Airport	Drive	Walk	Distance
Concord-Padgett Regional	4 min	-	2.0 mi
Charlotte/Douglas International	33 min	-	22.5 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes