Lincolnton, NC – October 2025 – Cleeman Realty Group is pleased to announce the sale of a net-leased Food Lion property located at 742 Highway 27 in Lincolnton, North Carolina. The property totals 44,924 square feet and is situated on approximately 10.29 acres.
The Food Lion store is a high-volume performer within the regional grocery market, benefiting from a loyal customer base and strong surrounding demographics. The property is strategically positioned along Highway 27, a major thoroughfare providing excellent visibility and convenient access to the greater Lincolnton trade area.
Michael Cleeman of Cleeman Realty Group represented the seller in the transaction. Notably, this marks the second time Cleeman has successfully sold this property, having previously transacted it in 2022, underscoring the firm’s deep expertise in the grocery-anchored and net-lease retail sector.
“Food Lion continues to demonstrate exceptional store performance and resilience as a tenant,” said Cleeman. “Investor demand remains strong for quality grocery-anchored assets with long-term, stable income, especially in growing markets like Lincolnton.”
The sale further reinforces Cleeman Realty Group’s track record in the net-lease grocery segment, where the firm has facilitated numerous transactions across the Southeast and Midwest.
For more information about Cleeman Realty Group and its current listings, please visit www.cleeman.com
About Cleeman Realty Group
Cleeman Realty Group is a national real estate brokerage firm specializing in the acquisition and disposition of retail and net-leased investment properties across the United States. With a proven history of executing complex transactions, the firm is recognized for its deep market knowledge and commitment to delivering superior results for investors and property owners.