Retail Development Pad
Large Parcel 3.06 AC | Located Inside Dense Retail Corridor | Affluent Surrounding Area
Investment highlights
• Strategic location provides great visibility and access from I-40/I-85 | | 130,000 VPD
• Located inside of dense retail corridor | 4.2M SF within a 2-mile radius
• Large parcel | 3.06 acres
• Large industrial presence nearby bringing in a large volume of daytime workers to the area | 5.2M SF of space within a 2-mile radius
• Ahold Delhaize USA (Food Lion) will be investing $860M in the city of Burlington to establish a modern distribution center for its grocery brands along the East Coast | The project will initially bring 120 new jobs and over 500 after completion
• Proven life sciences and biotech corridor | Burlington is home to a growing concentration of pharmaceutical, contract research organizations (CRO’s), and life sciences employers, anchoring a highly educated daytime workforce
• LabCorp global headquarters is Burlington’s largest employer | Fortune 250 company with 5,000 Alamance County employees, 8,200 in North Carolina and 71,000+ worldwide, serving 120M+ patient encounters per year
• Located near top performing retailers | Lowe’s ranks in the 99th percentile | Food Lion ranks in the 90th percentile | Big Lots ranks in the 88th percentile | Northern Tool + Equipment ranks in the 84th
percentile | Harbor Freight ranks in the 76th percentile | All nationwide via placer.ai
• Affluent surrounding area | $89,591 average household income within a 2-mile radius
• 5 minutes Cone Health Hospital Burlington | 628 beds
• Less than 10 minutes from Elon University and Alamance Community College | 12,000 students combined
• Less than 15 minutes Hugh M Cummings High School, Graham High School, Southeast Alamance High School, & Walter Williams High School | 3,633 students combined
• Approximately 35 minutes from both Piedmont Triad International Airport & Raleigh-Durham International Airports | 880 flights per day combined
• Positioned between two major metro markets | Approximately 50 minutes downtown Raleigh and 20 minutes to downtown Greensboro capturing demand from the broader Piedmont Triad and Research Triangle corridor
• Nearby Destination Retailers | Walmart Supercenter, Target, Lowe’s, Home Depot, Publix, Harris Teeter, Food Lion, Lowes Foods, ALDI, Best Buy, Tractor Supply, Kohl’s, Texas Roadhouse, Olive Garden, Outback, LongHorn, Applebee’s, McDonald’s, Starbucks, Chick-fil-A, Chipotle,
Arby’s, CAVA, Taco Bell, Wendy’s, Zaxby’s, Popeyes, Biscuitville, Panera, Hardee’s, Bojangles, Advance Auto, AutoZone, O’Reilly, Take 5, Strickland Brothers, Mavis, and more
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