Food Lion - Statesville, NC

Legacy Realty Group Advisors is pleased to present the exclusive opportunity to acquire the Free-Standing Food Lion located in Statesville, NC.​ Food Lion has occupied this property since 1988 and completed a 10-year lease renewal in 2023, extending their term through December 31, 2033.​ The property is located in the Charlotte MSA, just off U.​S.​ Highway 64, with 42,734 residents within a 5-mile radius and excellent visibility near the intersection of Interstates 40 and 77, two of the region’s most heavily trafficked corridors.​

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  Food Lion completed a 10-year renewal in 2023 holding term through 12/31/2033, demonstrating their commitment to this location.

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  Food Lion performs very well with 2024 sales of $431 PSF, featuring a healthy Rent/Sales ratio of 2.55%.

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  Statesville, NC, leads economic growth in the Charlotte Metro area, with a 22% population surge since 2010, showcasing its rapid expansion.

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  The city's population has grown steadily to 30,220 in 2023, reflecting a 6.2% increase since 2020.

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  Strategically positioned at the crossroads of Interstates 40 and 77, Statesville is a vital transportation hub in North Carolina.

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  The property is located right off of U.S. Hwy 64.