MCCULLOUGH COMMONS, CHARLOTTE, NC

Feb 9

McCullough Commons is a sprawling 202,000 square foot retail center in Charlotte, NC. Acquired by Ferris Development Group in December 2016, this property has become a thriving hub that seamlessly blends commerce, community, and convenience. The property provides a retail and lifestyle experience like no other.

KEY FEATURES:

Strategic Location: Nestled in the University City section of Charlotte, McCullough Commons occupies a prime spot at the intersection of North Tryon Street and East WT Harris Boulevard. With daily traffic counts of 28,000 and 57,000 vehicles respectively, the center is a bustling destination, conveniently located across from Carolinas Medical Center - University and just 0.5 miles from the University of North Carolina - Charlotte campus.
Complementary Tenant Mix: The property offers a diverse tenant mix, featuring national, regional, and local retailers. From professional and financial services to primary care, wellness/fitness, telecommunications/technology, beauty and aesthetics, and a variety of dining options, McCullough Commons caters to the varied needs of its discerning clientele.
Anchored by Prominent Brands: McCullough Commons boasts national and regional credit anchors, including Ashley HomeStore, Monster Mini Golf, Harold’s Chicken & Ice Bar, FedEx, Sprint, AT&T, PNC Bank, Qdoba, IHOP, Jimmy John’s and more.
Lynx Blue Line Connectivity: Enhanced by its proximity to the Lynx Blue Line, with a stop directly outside the property, McCullough Commons enjoys increased foot traffic and exposure, making it an attractive destination for both locals and visitors.
Strategic Property Additions: In line with our forward-thinking approach, Ferris Development is finalizing a 385-unit climate-controlled self-storage facility at McCullough Commons. By repurposing an underutilized parking garage, we're creating a modern storage solution that enriches the property and local community. Anticipated to open in Spring 2024, this innovative facility is set to redefine convenience.
Future Development Plans: Stay tuned for exciting updates as Ferris Development plans a 140-unit multifamily development at this location. With permit approvals anticipated in Q1 2024, this marks the next chapter in McCullough Commons' ongoing evolution.
Thriving Community: Currently 85% leased, McCullough Commons continues to welcome new brands and clients. A vibrant mix of university students, healthcare professionals, and business experts converge, creating a community that mirrors the city's ongoing gentrification, especially in the University City area.