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Thriving Retail Center For Sale
For Sale
$3,500,000

101 Market Place Drive, North Wilkesboro, NC 28659

100% occupied shopping center with strong cash flow.

Property SizeContact for details
Days on Market101

Property Features for 101 Market Place Drive

General Information

Standard status Active
Property subtype Commercial

Amenities

City Lot
Listing Agency: FINLEY PROPERTIES II, LLC
Listed By: BARRY BUSH · License #73904
Source: Corcoran
Added: May 18 Changed: Aug 17 Last Checked: Aug 25 at 7:48AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of FINLEY PROPERTIES II, LLC

Investment Insights

Based on property information with market context.

This fully occupied shopping center has undergone recent improvements, including repaving and exterior repainting scheduled for 2025. The roofs are reported to be in good condition. The property is projected to provide a cash-on-cash return between 8.5% and 8.9% from the start.

Key Highlights

  • Enjoy a Cash On Cash return of between 8.5% - 8.9% from day one.
  • 100% occupied, thriving center.
  • Recently repaved and exterior repainted (2025).

Property Analytics

Current Use

Redbox Cinema

Suggested Use

Top Pick Real Estate Agency Hair Salon Spa & Massage Center Auto Parts Store Nail Salon HVAC Service

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

Location Intelligence

Trade Area within ½ mile

83
Businesses Nearby
14k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Dollar Tree Shops & Services
6,610 visits/mo 0.0 miles
Dollar General Shops & Services
5,955 visits/mo 0.3 miles
Mavis Discount Tire Shops & Services
1,082 visits/mo 0.4 miles
Spectrum Shops & Services
312 visits/mo 0.0 miles

Demographics for 28659, NC

20,588
Population
9,647
Households
2.1
Avg Household Size
43
Median Age
17%
College-Educated
79%
High-School Grad
100.6 sq mi
ZIP Area
205
Density / Sq Mi
$49,578
Median Household Income
$32,495
Median Earnings
$714
Median Rent
$151,700
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?
Shopping center - 100% occupied shopping center with strong cash flow.
Where is this shopping center located?
The property is located at 101 Market Place Drive North Wilkesboro, NC.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Enjoy a Cash On Cash return of between 8.5% - 8.9% from day one.; 100% occupied, thriving center.; Recently repaved and exterior repainted (2025).
More about this property
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