NEW PRICING - UPDATED RENT ROLL
Retail | 7.64% CAP | 219,850 SqFt
Marketing description
Vakos Real Estate Services proudly presents the Eric Lane Shopping Center, a fully leased 219,850 SF retail hub on 25 acres in Burlington, NC. This exceptional asset delivers immediate value with 100% occupancy and a strong, diverse tenant mix that includes national and local retailers. Its strategic positioning offers prime visibility along the I-40/I-85 corridor, ensuring maximum exposure. Anchored by key tenants like Northern Tool, Grace Chapel, and Carolina Bridal World, the center further benefits from a spacious parking lot, ripe for potential new pad site development. A robust investment opportunity in a thriving market. To note the roof was replaced in 2025, along with tenant improvements.
Investment highlights
Premier Investment Opportunity in Burlington's Thriving Retail & Community Hub. This strategically located property offers exceptional highway visibility and accessibility just off the I-40/I85 interchange, positioning it within Burlington's most dominant and growing retail and service corridor. It is surrounded by a robust ecosystem of high-traffic national retailers, popular dining, medical offices, and diverse service businesses, all supported by rapidly expanding residential neighborhoods and strong population growth trends in the Burlington metro area.
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