Afton Ridge

The Property is a premier grocery-anchored 470,289 SF power center located in the city of Concord (Cabarrus County), North Carolina. Developed in 2007, the Property is strategically located at the southwestern intersection of Kannapolis Parkway and Interstate 85, with visibility to over 167,000 vehicles passing through the interchange every day. Notably, it is positioned right in front of the Afton Ridge Apartments, comprising 360 units, and is adjacent to a total of 2.5 million square feet of both existing and planned industrial space. Concord is located approximately 15 miles northeast of downtown Charlotte, one of the nation's most rapidly expanding Metropolitan Statistical Areas (MSAs), and it holds the dual distinction of serving as the county seat and being the most populous city in Cabarrus County. Capitalizing on its strategic location along Interstate 85 at Exit 53, the Property is well-placed to meet the needs of the thriving bedroom communities surrounding Charlotte, which include Huntersville, Kannapolis, Concord, and Harrisburg. Within a 5-mile radius, the average household incomes surpass $116,000, showcasing Afton Ridge's strategic positioning to cater to these growing and affluent residential areas. 

The Property encompasses 1,510 surface parking spaces, consisting of 1,471 regular spaces and 39 designated handicapped spaces. Ingress and egress to the site are facilitated through entrances from Kannapolis Parkway at Bayfield Parkway and Glen Afton Boulevard. Along Glen Afton Boulevard, access points are situated at Ashdale Court and George Bay Court. The Property features two tall and illuminated pylon signs, with one positioned and visible along I-85, and the second situated at the main entrance at Bayfield Parkway. Additionally, a monument sign is located at the intersection of Glen Afton Boulevard and George Bay Court. Landscaped "Afton Ridge" project signs are also strategically placed at the primary corners of the property.