8008 Providence Rd
Charlotte, NC 28277 Raintree

Rate Upon Request

Land For Lease • 5+ SF

Property Details

Property Type Land
Zoning B-1SCD

29 Transit Score

69 Walk Score

1 Space Available

Name

Space Use

Size

Rent

Details

Unkwn Floor Ste

5.29 AC

Rate Upon Request

Retail/restaurant outparcels available for ground lease in the Arboretum, the area's premier shopping, dining, and entertainment destination. This site is paved, and all utilities are set up to serve the site.

Date available: Now
Lease term: Negotiable
Service type: None
Space Type: Relet

Description

Build upon the renown of The Arboretum with these exclusive ground lease opportunities located at the mixed-use destination’s primary intersection.
  
8008 Providence Road is a 5.29-acre site offering flexibly sized outparcel lots for uses like retail, restaurant, entertainment, fitness, and much more. The tract was previously developed and is now shovel-ready with pavement and all utilities to the site. Developments on these lots will receive top-tier exposure as they are the closest available spots at the Providence and Pineville-Matthews Road intersection, in front of The Arboretum’s most popular attractions, including The Smoke Pit, Vicious Biscuit, Orangetheory Fitness, and Chopt.  
  
With four country clubs less than 10 minutes from 8008 Providence Road, it’s abundantly apparent that this is one of the wealthiest areas of the Charlotte market. The Arboretum is the preferred shopping destination for thousands of residents of prestigious communities, such as Providence Plantation and Southpark, providing businesses with direct access to the area’s most sought-after consumer pools. According to demographic estimates, the area’s rising affluence correlates with population growth, indicating long-term success for any new development at The Arboretum.

                
                    Highlights
                
                                8008 Providence Road is a 5.29-acre tract with full paving and utilities hooked up, now offering multiple outparcel lots for ground lease. 
                            
                                Opportunity for shopping, dining, entertainment, and other consumer-based projects to add to The Arboretum’s diverse mix of nearly 100 tenants. 
                            
                                Commanding position at the intersection of two prominent Charlotte thoroughfares, affording exposure to an average of 68,000 vehicles per day. 
                            
                                The Arboretum already provides premier anchor tenants, including Crunch Fitness, Walmart, Petco, Barnes & Noble, and Harris Teeter. 
                            
                                Poised to benefit from long-term consumer growth as the population within a 10-minute drive is projected to increase by 11% from 2025 to 2029.
                            
                                Supported by high-end South Charlotte suburbs with an annual household income of $166,500 and $1.2B in total spending per year within a 3-mile radius.