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Union Town Centre; Bldg 1 5850 W Highway 74 102,360 SF 100% Leased Retail Building Indian Trail, NC 28079 For Sale



Executive Summary
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.
Data Room Click Here to Access
Property Facts
Amenities
- Restaurant
- Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
Food Lion is a U.S. grocery retailer headquartered in Salisbury, North Carolina. The company was founded in 1957 as Food Town and later rebranded as Food Lion in 1983 to support expansion into additional regional markets. The brand operates full-service supermarkets offering fresh foods, packaged grocery products, and in-store services such as deli and pharmacy departments. Food Lion functions as a core operating banner within Ahold Delhaize, an international grocery retail group headquartered in the Netherlands. Following the 2016 merger of Ahold and Delhaize Group, Food Lion became part of a multinational grocery portfolio while continuing to operate independently under its established brand name in the United States. The company is not publicly traded on its own and operates as a privately held subsidiary of Ahold Delhaize, whose shares trade publicly. Food Lion stores are commonly positioned as anchor tenants in neighborhood and community shopping centers, supporting daily-needs retail formats. Over time, the company has focused on store remodels, private-label expansion, and operational efficiency initiatives aligned with grocery-anchored real estate strategies.
Lily Nails is a full-service nail salon and spa specializing in quality nail design at an affordable price. They operate salons and spas all over the continental United States and dedicate their time and energy to ensuring customers have a comfortable experience and leave happy. Their nail artists are very experienced, having spent years mastering nail art. They guarantee that customers will leave satisfied and anticipating their next visit. Lily Nails' salons are clean, comfortable, and professional, making them the best in the business.
Starting in the early 1970’s, Workout Anytime founders John Quattrocchi (John Q) and Steve Strickland worked with some of the biggest names in the industry, including Bally and American Fitness. Together, they developed the Workout Anytime Franchise concept starting from humble beginnings in Douglasville, Georgia, in suburban Atlanta. True to their pioneering spirit, they soon found themselves leading the wave of the fastest-growing fitness segment by applying their winning formula of Quality, Value and Convenience. Today, with just under 200 locations across the country and growing, and a team of some of the most experienced health club professionals in the industry; Workout Anytime is proof of the founders’ firm belief that you can offer members first class fitness facilities at the lowest cost possible and still turn a profit.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
Retailer | - | - | Lorem Ipsum | Jan 0000 | |
|
Services | - | - | Lorem Ipsum | Jan 0000 | |
|
Arts, Entertainment, and Recreation | - | - | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 07-066-013-D | Improvements Assessment | $14,700,239 CAD |
| Land Assessment | $7,314,590 CAD | Total Assessment | $22,014,829 CAD |
Property Taxes
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Union Town Centre; Bldg 1 | 5850 W Highway 74
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