Ballantyne Village
14815 Ballantyne Village Way, Charlotte, NC, 28277-4291, US
17 733 mètres carrés
Descriptif
JLL is exclusively marketing McCullough Commons, a 202,352 square foot shopping center located in the University City submarket of Charlotte, NC. The center draws over 2.3 million visitors annually and features a diverse tenant mix, including national and regional retailers. There are several value-add opportunities for new ownership to pursue, including mark-to-market retail shop leasing (35% of GLA below market), a 367-unit self-storage facility in its first year of lease up, and an entitled multifamily land parcel.
McCullough Commons benefits from the rapidly growing University City submarket, which if it was its own city, would be the 6th largest city in North Carolina. The shopping center also benefits from direct proximity to major economic drivers such as UNC Charlotte, the 2nd largest and fastest growing university in NC, the University Research Park, and access to Uptown Charlotte through the light rail system.
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Attributs
Superficie du bâtiment nette
18 793 mètres carrés
Année de construction
1998
Média
Points forts de l'investissement
PRIME LOCATION IN EXPANSIVE UNIVERSITY CITY SUBMARKET
- High-traffic corner with 69,000+ VPD at intersection of E WT Harris Blvd and N Tryon St
- 127% population growth within 1-mile radius from 2010-2025
SIGNIFICANT VALUE-ADD UPSIDE AND LAND DEVELOPMENT OPPORTUNITY
- 35% of shop GLA (50,503 SF) is below market with $345K+ rent revenue upside potential
- Additional revenue opportunity through lease up of 367 self-storage units
- Entitled land parcel suitable for multi-family development
TOP-PERFORMING CENTER AT STRATEGIC LOCATION
- 2.3M annual visits with 11.6% increase in customer visits over the past year
- Ranks in top 15% of centers in North Carolina and top 20% nationally
- Proximity to UNC Charlotte Campus, NC’s Second Largest University w/ 31,000 Students
DIVERSE, SERVICE-ORIENTED TENANT MIX IN INSTITUTIONAL SUBMARKET
- Unique destination focused tenant base with several food & beverage, & service tenancies
- Located in established institutional submarket with long-term stability
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McCullough Commons (0 Propriétés)
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Dernière mise à jour
17 mars 2026
