Walmart Shadow Center

This strip center is located in the Town Centre retail development constructed in the early 2000's on the west side of Clayton, NC. The population of Clayton has seen considerable growth since the construction of the Centre. As of 2024, the population is 31,585, which represents an 18.34% increase from the 2020 census figure of 26,691. The Town is currently growing at a rate of 3.51% annually. This growth is part of the broader trend of population increase in Johnston County, where Clayton is located. The County has also experienced significant population growth. From 2010 to 2022, the population increased by 38.4%, from 169,676 to 234,778. The largest annual increase was 4.4% between 2020 and 2021. On average, the county grew by 2.7% per year during this period. The estimated population for 2024 is 249,708, reflecting a growth rate of 3.08% from the previous year.This fully leased strip center is located on an outparcel in a retail development along US Hwy 70 Business on the west side of rapidly growing Clayton, NC. US 70 continues to see significant commercial growth from Raleigh to Smithfield. The development is anchored by a Walmart Super Center. Clayton boasts a strong demographic profile, continuing residential growth and along with Johnston County, a strong employer profile with international bio-pharmaceutical companies such as Novo Nordisk and Grifols, and manufacturers like Caterpillar. Despite the growth Clayton continues to retain its small town charm and has a range of outdoor activities and recreation. This prime investment opportunity is part of the expanding Raleigh-Durham region and offers outstanding potential for a Retail/Strip Center investor seeking a chance to tap into a thriving market.