Free-standing Food Lion

Free-standing Food Lion | 947 Davie Avenue, Statesville, NC 28677

Highlights

  • Statesville, NC, leads economic growth in the Charlotte Metro area, with a 22% population surge since 2010, showcasing its rapid expansion.
  • The city’s population has grown steadily to 30,220 in 2023, reflecting a 6.2% increase since 2020.
  • Strategically positioned at the crossroads of Interstates 40 and 77, Statesville is a vital transportation hub in North Carolina.
  • The property is located right off of U.S. Hwy 64.
  • Statesville area retail sales hit $1.63 billion in 2022, with $54,906 per capita.

Food Lion

  • Food Lion completed a 10-year renewal in 2023 holding term through 12/31/2033, demonstrating their commitment to this location.
  • Food Lion performs very well with 2024 sales of $431 PSF, featuring a healthy Rent/Sales ratio of 2.55%.

Deal Points

  • Square Feet: 24,900
  • Year Built/Remodeled: 1980/2024
  • Anchor Tenant: Food Lion

Click Here to View Virtual Deal Room