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Leased Retail Building on Acreage
For Sale
$1,949,000

702 Henson Street, Albemarle, NC 28001

COMMERCIAL - Albemarle, NC

Property Size6,894 SF
Lot Size2.87 Acres
Price / SF$282.71
Days on Market28

Property Features for 702 Henson Street

General Information

Property type Commercial Sale
Property subtype Other
Standard status Active
Lot size 2.87 Acres

Building Details

Year built 1998
Listing Agency: NextHome Providence
Listed By: Dawn Westall · License #283999
Added: Jul 16 Changed: Aug 4 Last Checked: Aug 12 at 1:06AM
MLS# 4242755

Copyright © 2026 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 6,894-square-foot retail building was constructed in 1998 and is occupied under a long-term lease. The property includes on-site parking and sits on 2.87 acres, providing a substantial land component for the existing retail use.

Located at 702 Henson Street in Albemarle, North Carolina, the property offers access to major highways and is within a federally designated Qualified Opportunity Zone. The current lease structure and established occupancy provide a clearly defined operating profile for a purchaser evaluating the asset.

Key Highlights

  • 6,894‑square‑foot retail building constructed in 1998
  • Fully leased to a long‑term tenant
  • Property encompasses 2.87 acres

Property Analytics

Current Use

Professional Rehabilation Social Service Agency Independent Living Rehab ... Medical Clinic

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Plumbing Service (Bike/Boat/Book/etc) Store Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

478
Businesses Nearby
652k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 39% Apparel 15% Shops & Services 15% Superstores 14%
Walmart Superstores
77,761 visits/mo 0.3 miles
Lowe's Home Improvements & Furnishings
39,426 visits/mo 0.3 miles
Chick-fil-A Dining
36,765 visits/mo 0.3 miles
T.J. Maxx Apparel
35,480 visits/mo 0.4 miles
Food Lion Grocery Store Groceries
29,547 visits/mo 0.4 miles

Demographics for 28001, NC

27,185
Population
12,847
Households
2.1
Avg Household Size
43
Median Age
21%
College-Educated
88%
High-School Grad
131.4 sq mi
ZIP Area
207
Density / Sq Mi
$55,610
Median Household Income
$36,684
Median Earnings
$823
Median Rent
$194,200
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Fully leased retail property with highway access and on-site parking.
Where is this retail space located?
The property is located at 702 Henson Street Albemarle, NC.
What is the asking price?
The asking price for this property is $1,949,000.
What are key features of this property?
This property features: 6,894‑square‑foot retail building constructed in 1998; Fully leased to a long‑term tenant; Property encompasses 2.87 acres
More about this property
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