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Transactions - MARCH 28, 2022

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Publix-anchored retail center near Charlotte sells for $28.2m

by Released

KGI Properties and Arista have sold The Shoppes at Hanfield Village, a 90,996-square-foot, Publix-anchored retail center in the suburban Charlotte community of Indian Trail, N.C.

Pantry Express paid $28.2 million for the asset.

The Shoppes at Hanfield Village was constructed in 2017 and is anchored by Publix, considered one of the most-sought-after grocers in the Southeast. The center is also home to a diverse lineup of national and local tenants, including SuperCuts, Geico, Jets Pizza, Party Nails, Poppyseed Bagels, Sun Valley Sushi, East Coast Wings, We’re Dancing, Sun Valley Noodles and Spotless Cleaners.

Situated on 18.8 acres at 5132 Old Charlotte Highway, The Shoppes at Hanfield Village is in Indian Trail, a community approximately 16 miles southeast of downtown Charlotte. The center’s highly visible location at the corner of Westley Chapel and Old Charlotte Highway sees a combined 41,500 vehicles per day and is directly across the street from Sun V

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