
Townridge Shopping Center
6600 Glenwood Avenue, Raleigh, NC, 27613, US
25,372 제곱미터
JLL is exclusively marketing Manchester Village, a 162,326 square foot high-performing retail shopping center strategically located in Rock Hill, SC, within the thriving Charlotte MSA. The center boasts 99% occupancy and features a top-tier anchor tenant lineup including industry leaders such as HomeGoods, Ross Dress for Less, TJ Maxx, Michaels, Books-A-Million, Ulta, and Five Below. Manchester Village benefits from an exceptional location with immediate proximity to I-77 (88,100 VPD), providing super-regional connectivity and significant drawing power extending over 30 miles.
Rock Hill is positioned approximately 25 miles south of Uptown Charlotte and is experiencing rapid economic transformation driven by a low-cost business environment and highly competitive incentive programs. The surrounding trade area demonstrates remarkable growth momentum, with the 10-mile population increasing 47% from 2010 to 2025, while average household income surged 101% during the same period. York County's population has grown 35% since 2010 and is projected to reach 321,120 by 2030, fueled by substantial residential and commercial development in the immediate vicinity.
Manchester Village offers compelling value creation opportunities for new ownership. 100% of tenants currently pay below market rents, with an average of 21%+ below market, presenting approximately $500,000 in potential base rental revenue growth through mark-to-market leasing. The property features strong historical NOI growth with a 2.09% 10-year CAGR and benefits from a highly tenured rent roll, with 11 out of 16 tenants being original with over 20 years of tenure, providing exceptional income stability.
The combination of durable, best-in-class national tenancy, premier interstate connectivity, highly sustainable below-market rents, and the extraordinary demographic and economic momentum of the Charlotte MSA and York County make Manchester Village a market-leading retail investment opportunity in one of the Southeast's fastest-growing regions.


