About the market
Space Available
Located at Derita Road and Carolina Lily Lane in Concord, NC, the Shops on Derita is a planned development located on 7.45 acres of prime real estate.
Shops on Derita's proximity to popular brands like Kohl's, Lidl, Walmart, Bed Bath & Beyond, Lowe's, and AMC, to name a few, make it the perfect location for destination or impulse shopping and dining options.
The project includes a multi-tenant building and outlots for lease or build-to-suit. It has exceptional frontage visibility on Christenbury Parkway (23,000 ADT) and Derita Road (22,000 ADT) with easy access to both I-85 and the recently completed I-485, which has spurred significant retail and residential growth along this corridor.
Concord is home to several large employers, including Carolinas Healthcare System, Cabarrus County Schools, Shoe Show, Inc., Sysco Foods, and is the international headquarters for ACN Inc.
Some of North Carolina's top tourist destinations are located in Concord, including NASCAR's Charlotte Motor Speedway and Concord Mills, a nearly 1.4 million square foot shopping mall.
Average HHI within a 3-mile radius is over $110,000, with a population of over 51,000.
Demographics
2020 Estimated Population
| Radius | Total Population | Daytime Population |
|---|---|---|
| 1 mile | 6,260 | 5,312 |
| 3 mile | 50,869 | 18,981 |
| 5 mile | 141,222 | 46,145 |
2020 Estimated Household Income
| Radius | Average HHI | Median HHI |
|---|---|---|
| 1 mile | $97,964 | $78,719 |
| 3 mile | $107,081 | $85,891 |
| 5 mile | $94,135 | $76,136 |
Current Tenants
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