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Christenbury Corners - Concord, NC 8885 Christenbury Pky 120,689 SF 100% Leased Retail Building Concord, NC 28027 For Sale
Investment Highlights
- GROCERY-ANCHORED REGIONAL SHOPPING CENTER WITH NATIONAL TENANCY
- STRATEGIC LOCATION WITH HIGH TRAFFIC & VISIBILITY
- STRONG TENANT MIX DRIVEN BY DAILY-NEEDS & SERVICE RETAIL
- STABILIZED, 100% LEASED ASSET WITH DURABLE CASH FLOW
- IMMEDIATE VALUE-ADD OPPORTUNITY VIA OUTLET
- LONG-TERM ANCHOR STABILITY WITH CONTRACTUAL RENT GROWTH
Executive Summary
Christenbury Corners totals 120,689 square feet across 21.12 acres and is 100% leased to a curated mix of national and regional tenants. The center is anchored by Sprouts Farmers Market and Kohl’s, with a strong lineup of daily-needs and service-oriented tenants including restaurants, fitness, and necessity retail. The asset also features a complementary collection of high-performing outparcels, further enhancing traffic generation, cross shopping synergy, and diversified income streams. Developed in 2019 and recently refreshed, the property offers investors a modern, well-maintained retail environment with minimal near-term capital requirements.
The offering provides investors with stable, in-place cash flow supported by a diversified rent roll and a weighted average lease term of approximately 8.8 years. In-place rents present mark-to-market upside, with several tenants operating below current market levels, providing embedded NOI growth potential through future lease rollover. Long-term anchor tenancy, contractual rent increases, and strong tenant demand within the submarket position the asset for continued income durability. Additionally, the property benefits from strong underlying real estate fundamentals driven by population growth, elevated household incomes, and sustained retail demand within the Concord submarket.
Property Facts
Major Tenants Click Here to Access
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- Industry
- SF Occupied
- Rent/SF
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- Accommodation and Food Services
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Lorem Ipsum
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Blaze Pizza began in 2011 when founders Elise and Rick Wetzel opened their first location in Pasadena, California. The concept combined fast-casual service with customizable build-your-own pizzas cooked in three minutes. Customers select their crust, sauce, cheese, and toppings from an open kitchen assembly line. This model allowed rapid expansion across the United States and internationally. The chain emphasizes fresh ingredients and quality over speed. While maintaining its core pizza offerings, Blaze Pizza has added salads, desserts, and craft beverages to its menu over time.
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- Educational Services
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Code Ninjas is a children's coding education franchise established in 2016 that offers after-school programs, camps, and workshops. The company was founded by David Graham in Pearland, Texas, and has since expanded internationally with hundreds of locations. Students learn programming languages through building video games in a dojo-style environment with a belt-ranking system. The curriculum focuses on developing problem-solving skills and STEM literacy for kids ages 5-14 through hands-on projects. Code Ninjas uses proprietary software and partners with tech companies to deliver its coding education programs.
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- Retailer
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Lorem Ipsum
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Pet Supplies Plus began in 1988 when founders Harry Shallop and Jack Berry opened their first store in Redford, Michigan. The retailer pioneered a neighborhood pet store concept emphasizing convenience and value, quickly expanding through franchising in the 1990s. Today, the company operates numerous locations nationwide, providing pet food, supplies, toys, and grooming products. The private label brand Redford Naturals sits alongside national brands, while services include dog grooming and self-serve washes. Pet Supplies Plus was acquired by Franchise Group in 2021 and filed for bankruptcy in 2024 while continuing operations.
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- Accommodation and Food Services
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Talkin' Tacos is a vibrant and fast-growing Mexican-inspired restaurant brand known for its unique, bold flavors and a passion for quality. Founded with a vision to bring authentic, street-style Mexican cuisine to a modern audience, Talkin' Tacos offers a menu packed with flavorful tacos, burritos, bowls, and more, all crafted with fresh, locally sourced ingredients. The company embraces a lively, welcoming atmosphere where customers can enjoy a fast-casual dining experience with a twist, setting itself apart through creative, chef-inspired recipes and a commitment to community engagement. With a focus on delivering consistent quality and an authentic experience, Talkin' Tacos is on a mission to bring the rich flavors and traditions of Mexican street food to a global audience, one taco at a time.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
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Accommodation and Food Services | - | - | Lorem Ipsum | Jan 0000 | |
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Educational Services | - | - | Lorem Ipsum | Jan 0000 | |
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Retailer | - | - | Lorem Ipsum | Jan 0000 | |
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Accommodation and Food Services | - | - | - | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 4589-35-1824-0000 | Improvements Assessment | $10,932,407 CAD |
| Land Assessment | $8,823,358 CAD | Total Assessment | $19,755,766 CAD |
Property Taxes
Contacts
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David Hoppe -
Eric Suffoletto -
Jordan Gomez -
Ben Olmstead -
Mike Lucier -
Stephen Joseph -
Stephen Hassenflu -
Kendra Doherty -
Atlantic Capital Partners
Presented by
Christenbury Corners - Concord, NC | 8885 Christenbury Pky
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