Tag: Retail

23 Jun Spotlight on North Carolina Net Lease Restaurant Tenants

In addition to its many retail and office properties, Centrex Properties also manages a net lease portfolio of 10 properties in North Carolina and Virginia. Two of our North Carolina tenants, McAlister’s Deli and Firehouse Subs have been part of our portfolio since 2015. In just three short years both restaurants have become wildly successful and favorites for many locals.

McAlister’s Deli is located at 431 Berkeley Blvd., in Goldsboro, between Ash Street and Cashwell Drive at Crossroads Plaza. The area is a busy shopping and dining destination adjacent to the Berkeley Mall and convenient to the main gate into Seymour Johnson AFB. This location makes McAlister’s a great place for shoppers, neighbors, and friends to grab lunch or dinner. McAlister’s, rooted in southern hospitality, is known for their wide variety of menu options, a quaint and friendly environment, but mostly for their delicious sweet tea. It’s not just a drink, it’s a culture. Stop by and try some!

Firehouse Subs is located at 4111 Ed Drive just off Edwards Mill Road, north of Duraleigh Rd. in Raleigh. The highly traveled area is a popular dining destination for visitors of the PNC Arena seeking to grab dinner before a game or show. Firehouse Subs happens to be across the street from the Centrex office and convenient to Rex Hospital, so it’s a favorite lunch spot too. At Firehouse Subs, subs are only part of the story. In 2017, a portion of every purchase goes to the Firehouse Subs Public Safety Foundation, to be used to provide lifesaving equipment to first responders. Stop by the Raleigh location, where you are always greeted by friendly staff and a “Welcome to Firehouse”!

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26 May Tenant Expansions and Growth at Tryon Village

Business is booming at the corner of Tryon Road and Walnut Street in Cary. The popular shopping destination, Tryon Village, is about to become home to a new Shuckin’ Shack Oyster Bar. Cary locals will soon be able to dine on delicious seafood while they grab a beer with friends. The growing franchise currently has 10 locations on the East Coast, with more in the works.  Shuckin Shack joins NCEENT to complete the new building at Tryon Village, bringing the shopping center occupancy again to 100%.  Both Shuckin Shack and NCEENT plan to open in late 2017.

We are also happy to announce that two of our long-term tenants, Dr. Stapleton, DDS and Pacific Nails, are expanding to accommodate their growth needs. Dr. Stapleton and her team have taken on an additional 1,200 SF, which will bring the practice space to 3,610 SF in total.  Pacific Nails’ expansion into 1,300 SF will allow the busy nail salon to increase their footprint to 2,600 SF.

We and all of the tenants at Tryon Village thank you for your patronage!  If you haven’t yet, come check out Tryon Village and see what all the hype is about!

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21 Feb Spotlight on Lexington, SC’s Hendrix Crossing

Over the past few years Lexington, South Carolina has seen strong economic growth. It is currently the 4th fastest growing municipality in the state, and the retailers at Hendrix Crossing are enjoying the growth.

Located at US Hwy 378 & Charter Oak Drive, the Hendrix Crossing retail center serves the high demographic area of Lake Murray, one of the Midland’s most desirable residential areas as well as Lexington.

Publix Super Market, who was listed as one of the top 20 largest employers in Lexington by the SC Department of Employment and Workforce anchors the Hendrix Crossing retail center. The Florida-based supermarket chain has 57 stores in the state of South Carolina alone with 1,143 stores nationwide.

Publix is a huge draw for the retail center’s other tenants which include: Verizon Wireless, Grand Computers, Subway, Marco’s Pizza, Ultra Tan, Bella Nails, Fuji Grill, Great Clips, and the center’s newest tenant Ship n Print Solutions who opened their 1,500 SF store in October of 2016. Ship n Print Solutions fulfills customers’ packing, shipping, copying, printing, notary, and business service needs of the residents and businesses of Lexington, SC.

The highly traveled intersection of Hwy 378 and Charter Oak Road sees over 22,000 cars per day collectively. Adjacent to Hendrix Crossing are Zaxby’s, Waffle House, Doctor’s Care, and Grow Financial Credit Union. All of these factors contribute to the overwhelming success the tenants at Hendrix Crossing enjoy. For other retailers who are looking for a retail space, there is one 1,425 SF space that remains for lease at Hendrix Crossing.

For businesses that are considering the city of Lexington as a potential location to open a store, the city’s growth record is quite bright. For the fiscal year of 2016 Lexington had $70 million in new construction permits; a 35% increase over the prior fiscal year. In addition, the city expanded their municipal boundaries in 2016, with 16 annexations, encompassing 325 acres of property. Within this, the town welcomed two new schools, Meadow Glen Elementary School and Meadow Glen Middle School. Lexington is one of the fastest growing school districts in the state of South Carolina.

The next time you are in the neighborhood, stop by Hendrix Crossing and visit our stores. We are located at 851 Hwy 378, Lexington, SC 29072.

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12 Jan Cornerstone Village Welcomes H Mart

On December 22nd of 2016, Cornerstone Village shopping center in Cary was a buzz. At long last, H Mart opened its doors for the first time. The Cary location is the company’s first store to open in North Carolina. H Mart is a New Jersey-based grocery chain specializing in Korean and Asian foods and currently operates 56 stores in the US.

In addition to H Mart’s groceries, extensive fresh produce, and seafood selection, they have several in-store food retailers to fill the 46,000 square foot former Lowe’s Foods space, including:

  • Kang Nam Town: South Korean restaurant chain
  • Deli Manjoo: Snack vendor
  • BBQ Chicken: Korean style chicken
  • Thai Pantry: Thai cuisine
  • don-Don: Udon-Donburi noodles
  • Tuski: Ramen and Japanese food
  • SGD Tofu House: Korean style soup
  • Tous Les Jours: Full-service bakery

Other tenants at Cornerstone Village include Rudino’s, Fantastic Sams, My Eye Doctor, Sun Tan City, Burn Bootcamp, Nazara Indian Bistro, Doherty’s Irish Pub & Restaurant, Crema Coffee, Ancient Arts Family Karate and Crystal Smiles Family Dentistry. The Tenants are very excited about H Mart’s arrival and all the shoppers it will bring to the center.

Cornerstone Village Shopping Center is located at the intersection of High House and Davis Drive in Cary. Stop by and check out the new H Mart and its neighboring Tenants! While you are there, don’t forget to visit their cafes for some genuine Asian and Korean cuisine!

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12 Dec Spotlight on Croasdaile Commons Restaurants


Hungry holiday shoppers who visit Croasdaile Commons in Durham are in for a real treat. The restaurants at Croasdaile are all hidden gems, and we recommend you stop in for a bite.

Bleu Olive Mediterranean Bistro is a new Mediterranean Bistro from the owners of Papas Grille in Durham, NC. They specialize in Greek and Mediterranean, sandwiches, seafood, and vegetarian dishes. Bleu Olive is open for brunch, lunch, dinner, and also offer catering. Try their B.O.M.B burger or Chicken Shawarma – they’re our favorites. www.bleuolivebistro.com

If Mexican food is what you are craving, El Corral’s extensive menu offers lots of options. From nachos, salads, burritos, enchiladas, quesadillas, fajitas, tacos, to lunch specials and much more – there’s something on the menu for carnivores and vegetarians alike. El Corral is open for lunch and dinner, so swing by for your next meal. www.el-corral.net

Melo Trattoria and Tapas is a cozy Italian restaurant where you can grab a quick lunch or have a leisurely dinner and glass of wine. From pasta, chicken, lamb chops, fish, steaks and tapas – you will find delicious and artistically prepared dishes for everyone. Try their Shrimp Mojo Al Ajo or the Conchitas A La Parmesana tapas – they’re to die for! But don’t fill up; save room for one of their delectable desserts or a coffee cocktail. Melo Trattoria offers catering services as well. www.melotrattoria.com

China King is a quaint Asian restaurant that serves an array of Asian cuisine. Besides having traditional Chinese dishes like Szechuan, Moo Shu, and Chow Mein, they also offer “Slim, Trim and Healthy” options. Grab lunch or dinner and try their mouth watering Dumplings and Hot and Spicy Chicken!

Croasdaile Commons is located at 1821 Hillandale Rd. at the intersection of Hillandale Rd. & Front St., just off of Interstate 85 in Durham.

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11 Nov Spotlight on Market Square

As we enter the busy holiday season, the tenants at Market Square in Goldsboro are gearing up to make their customer’s lives bright and cheerful. The center is home to national and regional tenants as well as locally owned stores.

For those out and about doing their holiday shopping, Market Square has lots to offer. You can find all the fixin’s for a feast at Carlie C’s IGA. Their “just like grandma used to make” signature specialty items will make holiday dinners delicious and easy. Pick up one of their yummy Nine-Layer cakes; fresh pecan pies, and their famous country ham, still salted by hand. Don’t forget your greens! Mr. Carlie C’s grandson grows fresh collards and slow cooks them to perfection. While you’re there, feel free to stop by the deli for a sample of their famous chicken salad and pimento cheese.

Looking to add some sparkle for someone special? Alan Sutton Jewelry is the perfect place to find a gift. With many designer brands and styles to choose from, Alan Sutton’s team of jewelry and diamond experts can help you choose the perfect gift!

Calling all gentlemen – Cannon’s Men Shop can help you look your best for the holidays. Whether you need a tux, a new suit or just something special to wear, Cannon’s has a great selection no matter what the occasion.

Ladies, if you’re looking to get that perfect style for your upcoming event, then Ultimate Raaz Hair Salon has you covered. Their team of professional stylists are ready to make you look gorgeous for the holidays. Then head over to VM Nails to finish off the new look with a fresh manicure.

Hungry holiday shoppers can stop by Hwy 55 Burgers Shakes & Fries, Golden Star Chinese, Dairy Queen, or Quiznos to fuel up before heading out to do their shopping.

Market Square proudly welcomes its newest tenant, Strickland Insurance & Brokerage, opening in January.

From all of the tenants at Market Square, we wish you a warm, happy and safe holiday!

Market Square is located in the town of Goldsboro, North Carolina, at the intersection of Wayne Memorial Drive and Hwy 70.
Only one vacancy remains! Contact the leasing team at Centrex Properties, Inc. for more information.

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24 Feb Why Everyone is Talking About Cornerstone Village Shopping Center In Cary

Centrex Properties’ Cornerstone Village Shopping Center in Cary is the new home of the first H Mart in North Carolina. H Mart is a grocery chain specializing in Korean and Asian foods and currently operates more than 40 stores in the US.

Residents across the Triangle are excited that H Mart chose Cornerstone in Cary for the location of their first ever North Carolina store, and are anxiously awaiting the store’s opening. The new grocer has started renovations to the 45,488 square foot former Lowes Foods space and is currently scheduled to open mid-2016.

But the excitement surrounding Cornerstone Village doesn’t stop there. The Shopping Center was also recently recognized as the “Triangle’s Top Retail Lease in 2015” by the Triangle Business Journal. CBRE/Raleigh assisted Centrex Properties in bringing H Mart to Cary with a 15-year lease, valued at $11M.

Cornerstone Village Shopping Center is located at the intersection of High House and Davis in Cary, and is also home to Rudino’s, Fantastic Sams, My Eye Doctor, and Sun Tan City, to name a few. Unfortunately, tenants who are anxious to join H Mart in the Shopping Center will have to get on the waiting list, as Cornerstone Village is currently fully leased.

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