Over 75% of Americans shop at a shopping mall each month. If you are looking for a great investment in the Triangle area, check out our retail options.
The Triangle’s Most Successful Malls
Developers have chosen to strategically place shopping malls off of major highways because of the convenience in location and the large amount of revenue they generate in the community.
The Triangle is home to three power-house shopping malls that total over one million square feet each, adding up to over 600 stores.
Triangle Town Center
Triangle Town Center and Commons, off of US 1 and Hwy. 540, was built in August 2002 and houses 165+ stores and services for its customers. Its major anchors are Belk, Sear’s, Dillard’s, Macy’s, and the state’s first Saks Fifth Avenue, in which consumers can find products for anyone they might be shopping for.
In addition to the mall’s 1,272,263 square feet, it boasts over 6,900 parking spaces since its opening, including handicap spaces. The mall is also the home of Kay Jewelers, Bed, Bath, and Beyond, Dick’s Sporting Goods, and a 2-level Barnes & Noble. With its wide variety of store selections, Triangle Town Center is an ideal shopping mall for shoppers.
Recently, the mall was bought by CBL & Associates at a value of $174 million. Visit Triangle Town Center from 10 a.m. to 9 p.m. on Monday to Saturday, or Noon to 6 p.m. on Sunday.
The Streets at Southpoint
Another of the Triangle’s large shopping malls can be easily found off of I-40 on Fayetteville Road in Durham. Opened on March 8, 2002, The Streets at Southpoint holds two floors, 161 stores and restaurants, and over 1,330,000 square feet. The mall is home to our state’s first Nordstrom and first Apple Store. With high-end stores such as Anthroplogie, Free People, J. Crew, and Michael Kors, the shopping area has been known to be very upscale and high class.
Not only does the mall have some of the nicest stores to shop in, it also has delicious dining. Choosing from options such as California Pizza Kitchen, Maggiano’s Little Italy, and The Cheesecake Factory; any cuisine can be found.
Want to check out the Streets at Southpoint? Be ready to shop ‘til you drop from 10 a.m. to 9 p.m. on Monday to Saturday, or Noon to 7 p.m. on Sunday.
Crabtree Valley Mall
The last major shopping center found in the Triangle is Crabtree Valley Mall, which opened on August 8, 1972. Found off of Hwy 440 and Glenwood Avenue, the mall spans up to 1,326,000 square feet and is home to over 220 stores. Its restaurants include The Cheesecake Factory, P.F. Chang’s China Bistro, Kanki, and Brio.
This mall in particular is known for its unique stores such as Lush, Moon & Lola, the Disney Store, and North Carolina’s first H&M. This mall is also the only shopping center in the area that offers covered parking for over half of its parking spots.
Crabtree Valley Mall is a local favorite and a place where many people travel to visit. If you’re looking for a new place to shop, stop by Crabtree Valley Mall from 10 a.m. to 9 p.m. on Monday through Saturday or Noon to 7 p.m. on Sunday.
We Will Help You Maximize Your Return
The Triangle area’s retail spaces are key locations for your investment, and our team at Craft Commercial can help you reap the rewards. We welcome the opportunity to share our market knowledge and network of experts with you. For a consultation, simply call 919.446-5000 or email email@example.com.