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NNN Property Portfolio
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Pending

1124 Garner Bagnal Blvd, Statesville, NC 28677

The portfolio combines newly built dealership facilities with service centers, outdoor storage, and long-term leases.

Property Size37,752 SF
Days on Market141

Property Features for 1124 Garner Bagnal Blvd

General Information

Standard status Pending
Size 37,752 SF
Property subtype Retail

Additional Details

Outdoor Storage Yes

Building Details

Buildings 2
Tenancy Single
Listing Agency: Woodlock Capital
Listed By: Andrew Batkins · License #SC 94251
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 4:34AM

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 Woodlock Capital

Investment Insights

Based on property information with market context.

This two-property NNN portfolio includes dealership facilities in Statesville, North Carolina, and Orange Park, Florida. The Statesville asset contains 20,752 square feet on 6.72 acres, while the Orange Park property offers roughly 17,000 square feet along with 6 acres of outdoor storage. Both sites are newly built and include technology-focused improvements and service centers.

Each property is subject to a 15-year lease, with annual escalations and national credit supporting the tenancy. The Statesville property is located at 1124 Garner Bagnal Blvd, Statesville, NC 28677. Together, the assets provide a portfolio of automotive dealership properties with long-term leased occupancy.

Key Highlights

  • Two‑property NNN dealership portfolio in Statesville, NC and Orange Park, FL
  • Statesville facility totals 20,752sf on 6.72 acres
  • Orange Park facility is roughly 17,000sf with 6 acres of outdoor storage

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm HVAC Service Parking Lot & Garage Hair Salon Kitchen & Bath Showroom Big Box & Wholesale Store

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

243
Businesses Nearby
99k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 76% Dining 14% Hotels & Casinos 11%
Sheetz Shops & Services
44,417 visits/mo 0.4 miles
BP Shops & Services
13,048 visits/mo 0.1 miles
KFC Dining
6,932 visits/mo 0.2 miles
Waffle House Dining
6,454 visits/mo 0.1 miles
7-Eleven Shops & Services
4,442 visits/mo 0.3 miles

Demographics for 28677, NC

35,926
Population
16,096
Households
2.2
Avg Household Size
41
Median Age
22%
College-Educated
85%
High-School Grad
83.0 sq mi
ZIP Area
433
Density / Sq Mi
$59,081
Median Household Income
$34,684
Median Earnings
$861
Median Rent
$207,000
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
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Frequently Asked Questions

What type of property is this?
NNN property - The portfolio combines newly built dealership facilities with service centers, outdoor storage, and long-term leases.
Where is this nnn property located?
The property is located at 1124 Garner Bagnal Blvd Statesville, NC.
What are key features of this property?
This property features: Two‑property NNN dealership portfolio in Statesville, NC and Orange Park, FL; Statesville facility totals 20,752sf on 6.72 acres; Orange Park facility is roughly 17,000sf with 6 acres of outdoor storage
More about this property
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