Retail Space
3050 Derita Road Concord, NC 28027

Details & Description

Price: $5,907,200

New Construction, 100% leased center with long-term triple net leasesEstablished Submarket with excellent growth – 36% Growth in last 9 years and 11% projected growth in the next 5 yearsCenter is 100% comprised of Businesses that are considered Essential Retailers and have been able to remain open during the Covid-19 shutdownDensely Populated Area (Over 50,000 people in 3-mile Radius)Affluent sub-market of Charlotte, NC (Average Household income over $102,000 in 3-mile Radius)Perfect synergy and shared access with Christenbury Corners, a very prominent shopping center featuring national retailers such as Kohls, Earth Fare, Pet Supplies Plus, McDonalds, Circle K, Bad Daddy’s, First Watch, Aspen Dental and moreStrategic Location – Close proximity to Concord Mills Mall (1.36M SF shopping mall that attracts 17.6 million visitors per-year), Great Wolf Lodge, and Charlotte Motor SpeedwayTremendous Traffic Counts – 21,500 VPD on Concord Mills Blvd and 33,810 VPD on Derita Rd (estimate after road widening)Shops on Derita services the Highland Creek community – One of the state’s largest master planned communities with over 4,400 homes and 14,000 people across two countiesThe Highland Creek community features single family homes ranging from $250,000 to $650,000 and includes a golf course, 5 community pools, and numerous parks and playgrounds

Property ID: 210851
Property URL: melqr.com/210851
Generated: 04-27-24

Listing Agents

Sam Young

O: 980-498-3292
syoung@atlanticretail.com

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Retail Space / North Carolina / Concord / 28027 / 3050 Derita Road

3050 Derita Road

Concord, NC 28027

Listing ID: 210851

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Building Size: 11,236 SF

Lot Size: 1.470 AC

Land Size: 64,033 SF

Building $/SF: $525.74

Land $/SF: $92.25

Price

$5,907,200

Description

New Construction, 100% leased center with long-term triple net leases
Established Submarket with excellent growth – 36% Growth in last 9 years and 11% projected growth in the next 5 years
Center is 100% comprised of Businesses that are considered Essential Retailers and have been able to remain open during the Covid-19 shutdown
Densely Populated Area (Over 50,000 people in 3-mile Radius)
Affluent sub-market of Charlotte, NC (Average Household income over $102,000 in 3-mile Radius)
Perfect synergy and shared access with Christenbury Corners, a very prominent shopping center featuring national retailers such as Kohls, Earth Fare, Pet Supplies Plus, McDonalds, Circle K, Bad Daddy’s, First Watch, Aspen Dental and more
Strategic Location – Close proximity to Concord Mills Mall (1.36M SF shopping mall that attracts 17.6 million visitors per-year), Great Wolf Lodge, and Charlotte Motor Speedway
Tremendous Traffic Counts – 21,500 VPD on Concord Mills Blvd and 33,810 VPD on Derita Rd (estimate after road widening)
Shops on Derita services the Highland Creek community – One of the state’s largest master planned communities with over 4,400 homes and 14,000 people across two counties
The Highland Creek community features single family homes ranging from $250,000 to $650,000 and includes a golf course, 5 community pools, and numerous parks and playgrounds

Points of Interest & Demographic Radii

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POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

Charlotte History of Retail Space for Sale

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Listing Demographics for 3050 Derita Road Concord, NC 28027

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		4,197	46,183	130,038
Population Median Age		35	35	35
Population by Age	0-9 Yrs	534 (12%)	6127 (13%)	15888 (12%)
	10-19 Yrs	660 (15%)	7254 (15%)	19033 (14%)
	20-29 Yrs	482 (11%)	5378 (11%)	22195 (17%)
	30-39 Yrs	680 (16%)	6864 (14%)	20001 (15%)
	40-49 Yrs	807 (19%)	8615 (18%)	19950 (15%)
	50-59 Yrs	450 (10%)	5741 (12%)	15617 (12%)
	60-69 Yrs	366 (8%)	3536 (7%)	10078 (7%)
	70+ Yrs	217 (5%)	2669 (5%)	7276 (5%)

Median HH Income		$79,011	$82,508	$74,074
Total Household Income	< 24K	198 (12%)	1495 (8%)	5728 (11%)
	25-49K	358 (21%)	3240 (18%)	9516 (19%)
	50-74K	224 (13%)	3156 (18%)	9341 (19%)
	75-99K	259 (15%)	2812 (16%)	7598 (15%)
	100-199K	456 (27%)	5014 (28%)	12503 (25%)
	200K+	148 (9%)	1754 (10%)	3895 (8%)

Highest Education Level	No Diploma	104	1223	3798
	Diploma or GED	281	3458	11605
	Some College	625	5961	17032
	Assoc. Degree	262	2970	7923
	Bachelors Degree	922	10648	27643
	Higher Degree	609	6132	15345

Total Housing Units		1,760	18,842	52,536
--Owner-Occupied		959	11,545	29,364
--Renter-Occupied		683	5,925	19,216
Owner-Occupied Values	< 100K	40	469	1399
	100-199K	236	3076	9624
	200-299K	337	4457	10421
	300-399K	192	2223	4912
	400-499K	87	791	1632
	500K+	69	529	1377

Total Working Age Population		3,259	35,020	103,273
In Work Force		2,385	25,336	73,105
Not In Work Force		874	9,684	30,168
Workforce Employed		2,245	24,261	70,166
Workforce Unemployed		134	983	2,770
Civlian Workforce		2,379	25,244	72,936
Military Workforce		6	92	169

Total Households		1,643	17,471	48,581
Family Households		1,161	11,643	30,739
Non-Family Households		482	5,827	17,841
Married Couple		817	9,097	24,131
Other Family		344	2,546	6,608
Married w/Child		457	5,143	11,697
Single Male w/Child		44	307	931
Single Female w/Child		191	1,352	2,870

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
North Carolina	8,049,313	+18	9,535,483	+11	10,630,691	+11	11,836,070
Cabarrus County	131,063	+36	178,011	+22	216,608	+20	259,075
Mecklenburg County	695,454	+32	919,628	+23	1,131,342	+19	1,348,822

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Common Questions and Answers

What is the asking price for 3050 Derita Road in Concord?

The asking price for 3050 Derita Road is $5,907,200

What is the building size of this Retail property in Concord, NC?

The size of the building/unit at 3050 Derita Road in Concord is 11,236 square feet

How much land does the Concord, NC property at 3050 Derita Road include?

3050 Derita Road in Concord includes 1.470 acres of land

What kind of Retail is the propery at 3050 Derita Road?

The property at 3050 Derita Road Concord, NC 28027 is listed as a Shopping Center Retail property

What is the population within 1 mile of 3050 Derita Road in Concord?

The population within 1 mile of 3050 Derita Road Concord, NC 28027 is 4,197 people.

Who do I contact for questions about 3050 Derita Road?

You should contact the listing agent, Sam Young, for any details regarding this commercial listing.

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840 Concord Parkway North, Concord, NC	CALL	51235	-
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7026 Albemarle Road, Charlotte, NC	$2,500,000	3500	1.18
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124 Trade Court, Mooresville, NC	$2,071,160	7397	-
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Closest Commercial Airports

Airport	Distance (mi)
Charlotte Douglas International Airport (CLT)	16
Piedmont Triad International Airport (GSO)	67
Greenville Spartanburg International Airport (GSP)	90