Retail Development Site 5.6 Acre Land North Carolina

Sands Investment Group is Pleased to Exclusively Offer For Sale the 5.6 Acre Retail Development Site Located at the Hard Signalized Corner of NC Highway 16 and 20th Street In Newton, NC. This Opportunity Provides the Developer a Ready-to-Build Site Which is Approved For a 5,500 SF C-Store or a 4,000 SF C-Store With a 1,500 SF QSR Use. Other Good Uses Would Be an Auto Parts or a Strip Center.

• Ready-To-Build Site – Zoning and Council Approval For a 5,500 SF C-Store or a 4,000 SF C-Store With a 1,500 SF QSR Use; Other Good Uses For This Property Would Be an Auto Parts or a Strip Center
• The Site Also Has an Approved 10,000 SF of Additional Retail
• Phenomenal Sales Projections – Kalibrate Study Completed Projecting C-Store Inside Sales of $140,000 Monthly and 190,000 Gallons Sold Per Month
• Tax Benefits – Located in an Opportunity Zone; New C-Stores May Qualify For 100% Bonus Depreciation
• Over 40,800 Residents Live Within a 5-Mile Radius Making an Average Household Income of $63,782
• Located at a Hard Signalized Corner at the Intersection of NC Highway 16 and 20th Street Which Sees a Combined VPD of 22,300 Vehicles
• NC Highway 16 is Expanding From 2 to 4 Lanes With Construction Projecting to Be Completed in 18 Months and the Traffic Counts Are Projected to Increase Substantially
• Located Within the Charlotte MSA
• Nearby Tenants Include: Food Lion, Dollar General, Big Lots, Taco Bell, Walmart Neighborhood Market, Walgreens, Pizza Hut, AutoZone, McDonald’s, Cook Out, YMCA and More

In Cooperation With Sands Investment Group North Carolina, LLC – Lic. # 29362

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