Investment Overview

Marcus & Millichap is pleased to present for sale a 26 acre development site located in Concord, North Carolina. The subject property is raw land and is zoned within the General Commercial District (C-2) allowing a wide range of uses. The C-2 zoning district is designed to serve the community with properties ranging from shopping centers, repair shops, wholesale business, retail sales, and more. The subject property is ideally located on Concord Parkway South (24,000 VPD) just east of Interstate 85 (142,000 VPD). The property is within close proximity to the Charlotte Motor Speedway and ZMAX Dragway. The Charlotte Motor Speedway is a 2,000 acre campus with a 1.5 mile quad oval tract that hosts more than 39 events per year including 3 Monster Energy NASCAR Cup Series races. The Charlotte Motor Speedway receives approximately 1,170,000 visitors per year*. The ZMAX Draw way is across from the motor speedway and is a 4-lane drag strip. Additional major attractions in the immediate are include the Great Wolf Lodge, an 8,000 SF indoor water park with dining options and overnight accommodations (320,000 visits/year*) and Concord Mills, a recently renovated mall with more than 200 stores, a movie theater and sea life aquarium (9,410,000 visits/yr*). Concord Mills is the 2nd most trafficked shopping center in the state*. *Source: Placer Ai