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Executive Summary

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.

Data Room Click Here to Access

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
102,360 SF
Building Class
B
Year Built/Renovated
2002/2025
NOI
$2,085,888 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.16
Lot Size
15.03 AC
Zoning
RBD INDIAN - Supermarket
Parking
626 Spaces (6.12 Spaces per 1,000 SF Leased)
Frontage
690’ on Faith Church Rd

Amenities

  • Restaurant
  • Signage

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Retailer
  • -
  • -
  • Lorem Ipsum
  • Jan 0000

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.

  • Services
  • -
  • -
  • Lorem Ipsum
  • Jan 0000

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.

  • Arts, Entertainment, and Recreation
  • -
  • -
  • Lorem Ipsum
  • Jan 0000

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
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Somewhat bikeable
30/100

Nearby Major Retailers

Scooter's Coffee
Woodforest National Bank
Sunbelt Rentals
Lidl
IHOP
Zaxby's Chicken Fingers & Buffalo Wings

Property Taxes

Property Taxes

Parcel Number
07-066-013-D
Land Assessment
$7,314,590 CAD
Improvements Assessment
$14,700,239 CAD
Total Assessment
$22,014,829 CAD
  • Listing ID: 39978179

  • Date on Market: 2026-03-31

  • Last Updated:

  • Address: 5850 W Highway 74, Indian Trail, NC 28079

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