Food Lion Commercial Building - Rutherfordton

Former Food Lion located in Rutherfordton, North Carolina. Rutherford Square Plaza is managed by Collett & Associates. Space is 30,280 sq. ft. A new VA Clinic is scheduled to open in Rutherford Square, next to the Food Lion space in the Fall of 2009. Great parking, lighting and landscaping. Building could be used for Retail or Call Center space. Traffic count is 13,000 vehicles per day. Lease Agent: Phil Neari, (336) 408-2370.

Name of Program: Pre Development Grant
• Purpose - For the planning activities necessary to reuse a vacant building. May include feasibility, architectural and market studies. Building must be vacant for at least three months.
• Amount - Maximum award of $25,000 (A match of at least $5,000 is required. The unit of local government must provide at least $1,000 in cash or in-kind services and $4,000 from public or private sources). Grant is awarded to Rutherford County as the pass through agent.
• Approval - Quarterly application cycles with award date within two months of submittal.

Name of Program: Redevelopment Grant
• Purpose - To improve vacant buildings for redevelopment including system and structural alterations. Building must be vacant for at least three months.
• Amount - Maximum award of $480,000 ($12,000 per job created. Must be matched by at least an equal amount of private or public funds. The unit of local government must provide a cash or in-kind match equal to 3% the grant request). Grant is awarded to Rutherford County as the pass through agent.
• Approval - Quarterly application cycles with award date within two months of submittal.

View Larger Map