Hutton, a Chattanooga-based real estate, development and investment company, announced today that it has broken ground on two new development projects in Sanford, NC. The projects consist of a 10,400-square foot multi-tenant building that will include industry-leading retail stores and restaurants, as well as a 3,200-square foot standalone Zips Car Wash that will feature a 100-foot express tunnel wash.
The five-unit multi-tenant building, which will include Jersey Mikes, Mattress Warehouse and Sport Clips, has one 1,500-square foot unit remaining for lease. The new Zips Car Wash will be located on U.S. Route 421 within the major retail corridor of Sanford, NC.
In addition to these two development projects, the company has a one-acre outparcel that is available for ground lease or built-to-suit. Both projects are scheduled to be completed in the fall of 2019.
“We are excited to bring these new retailers and a state-of-the-art Zips Car Wash to the community,” said president and CEO Karen Hutton. “Investing in growing communities is good for our country. It provides new jobs, increases the property tax basis, contributes to the local government tax basis and enables us to make a small dent in keeping sales local vs. going outside of the area, which has a ripple effect that continues to give back to individuals and families.”