The Centrum Pineville, NC
10200-10510 Centrum Parkway
The Centrum has an easily accessible location with good visibility at the intersection of I-485 (112,000 VPD) and Hwy 51 (36,000 VPD). Due to its proximity to major highways, the center is able to feed from four major areas: central Charlotte, Pineville, Steele Creek, and the Ballantyne area.
With nearly 8,000,000 square feet of retail space, Pineville is home to the 1.2M SF Carolina Place Mall, 850K SF Carolina Pavilion, 423K SF Centrum and many other strip malls, outparcels and free-standing retailers. There are also nine hotels, including three extended stays, within a 1-mile radius of the center.
The center has strong demographics – current population of 163K with an expected growth rate of 8% over the next 5 years and an average HH Income of $87K within a 5-mile radius. Over the past ten years, the 5-mile and 10-mile radiuses have experienced remarkable growth rates of 28% and 36%, respectively.