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    1639 College Avenue Spindale, NC 28160 Spindale, NC 28160

    Sponsored
    For Lease
    $18 SF/Yr ($7,500 /Mo)

    Flexible spaces, high visibility location.

    Lot size:
    5,000 SF

    Description

    Added:
    Jan 30, 2025
    Days on Market:
    347
    This Spindale, NC retail property offers exceptional leasing opportunities within the established White Oaks Plaza shopping center. Located at 1639 College Avenue, this property boasts excellent visibility and signalized access to US Route 74 Alternate, a major thoroughfare with 20,000 AADT. The available space ranges from 1,600 to 5,000 square feet, with a 2,800 square foot space also available. Previously a restaurant, the space is adaptable to various retail uses and can be subdivided to meet specific needs. The property benefits from pylon signage opportunities, ensuring high visibility for your business. White Oaks Plaza is a well-established community shopping center in Spindale's main retail hub, anchored by prominent national retailers including Hobby Lobby, Tractor Supply Company, Big Lots, Dollar Tree, Workout Anytime, and Transit Furniture. The plaza is situated on 26.3 acres and comprises 183,040 square feet of retail space. Spindale is conveniently located less than 75 miles from Asheville and Charlotte, NC, and Greenville, SC, serving a population of approximately 67,000 in Rutherford County. The annual lease rate is $18 per square foot. Contact us today to learn more about this prime retail opportunity.

    Property Features for 1639 College Avenue Spindale, NC 28160

    General Information

    Property type
    Other retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,000 SF
    Elevators
    N/A
    Total Rate
    7500

    Building Details

    Year Built
    1994

    HighLights

    • Highly visible Spindale, NC retail space available, ranging from 1,600 to 5,000 square feet.
    • Located in established shopping center with strong anchor tenants including Hobby Lobby and Tractor Supply.
    • Excellent access to US Route 74 Alternate, boasting 20,000 AADT, offering high traffic exposure.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail properties

    Map

    City
    Spindale
    State
    North Carolina

    Nearby Similar for Lease

    • $12 SF/Yr
      183,040 SF

      Retail Spaces in Community Center

      Retail spaces available in established community shopping center.
      1639 College Ave, Spindale, NC 28160
      View Details

    FAQs

    What type of property is this?
    Other retail property - Flexible spaces, high visibility location.
    Where is this other retail property located?
    The property is located at 1639 College Avenue Spindale, NC 28160 Spindale, NC.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: Highly visible Spindale, NC retail space available, ranging from 1,600 to 5,000 square feet.; Located in established shopping center with strong anchor tenants including Hobby Lobby and Tractor Supply.; Excellent access to US Route 74 Alternate, boasting 20,000 AADT, offering high traffic exposure.
    (678) 787-5019
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1639 College Avenue Spindale, NC 28160 Spindale, NC 28160
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