Thompson Thrift Retail Group Announces Land Sale to Biscuitville Restaurant Chain Near Charlotte
August 26, 2020
Concord, NC
CHARLOTTE, N.C. (August 26, 2020) – Thompson Thrift Retail Group (TTRG), a wholly-owned company of Indianapolis-based Thompson Thrift, announced today the sale of a .72-acre parcel in Concord to Greensboro-based quick-service restaurant chain, Biscuitville Fresh Southern®. Biscuitville, which specializes in serving authentic Southern food made fresh daily from locally sourced ingredients, anticipates opening their new location in late 2020.
The parcel is the second of four lots to be developed within TTRG’s 7.45-acre Shops on Derita, a retail development located at Derita Road and Carolina Lily Lane. TTRG developed an 11,000-square-foot multi-tenant building last year that features Supercuts, Smoothie King, Chicago’s Pizza with a Twist and Cinnaholic. An additional 2,400-square-foot space remains available for lease in that building.
“Easy access to both I-85 and the recently completed I-485 has spurred major retail and residential growth along this corridor in Concord,” said Ryan Menard, vice president of development for Thompson Thrift Retail Group. “The Shops on Derita’s proximity to well-known brands like Kohl’s, Walmart, Lowe’s and others makes it the perfect area for destination shopping and dining options like a regional favorite, Biscuitville.”
Two other lots remain available for lease or purchase. Interested parties may contact Thompson Thrift’s Brandon Borah, director of retail sales and leasing, or Ryan Smith, vice president of leasing, via the information below:
Brandon Borah
bborah@thompsonthrift.com
Direct: 317.853.5488
Ryan Smith
rsmith@thompsonthrift.com
Direct: 317.853.5484
TTRG is a full-service real estate development company focused on ground-up commercial and mixed-use development across the Midwest, Southeast and Southwest. During the past 30+ years, Thompson Thrift has invested more than $2.2 billion into local communities and has become known as a trusted partner committed to developing high-quality, attractive retail and multifamily projects.
