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High-Visibility Retail Space Available
For Lease
$14 SF/Yr

3918 Doctor Martin Luther King Junior Boulevard New Bern NC 28562, New Bern, NC 28562

3,600 SF of Retail space for lease

Space SizeContact for details
Days on Market565

Property Features for 3918 Doctor Martin Luther King Junior Boulevard New Bern NC 28562

General Information

Standard status Active
Property type Other retail properties, Individual retail properties, Retail residential properties, Retail properties & Spaces, Mixed-use properties
Elevators N/A
Rate Type Yearly
Listing Agency:
Listed By: Josh
Added: Jan 30, 2025 Changed: Mar 16

Investment Insights

Based on property information with market context.

This 3,600 square foot retail space is located in a high-visibility strip center on Dr. Martin Luther King Jr. Boulevard in New Bern, NC, 28562. Situated at a well-lit intersection with a high traffic volume of 22,500 vehicles daily, this end-cap unit offers exposure. Neighboring businesses include Tractor Supply, Harbor Freight, and a former Hardee's location, ensuring a commercial presence. New Bern High School's proximity enhances visibility and potential customer base. The property boasts a convenient open floorplan, ample parking, and private rear access with double doors ideal for loading and unloading. Two bathrooms are also included. Signature signage opportunities are available, maximizing brand visibility. This location presents an opportunity for businesses seeking high traffic and accessibility. This mixed-use property is suitable for a variety of retail businesses.

Property Analytics

Current Use

Retail properties & Spaces

Lease Details

NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

25
Businesses Nearby

Demographics for 28562, NC

39,375
Population
18,812
Households
2.1
Avg Household Size
45
Median Age
33%
College-Educated
93%
High-School Grad
151.7 sq mi
ZIP Area
260
Density / Sq Mi
$74,620
Median Household Income
$40,215
Median Earnings
$1,131
Median Rent
$246,400
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?
Other retail property - 3,600 SF of Retail space for lease
Where is this other retail property located?
The property is located at 3918 Doctor Martin Luther King Junior Boulevard New Bern NC 28562 New Bern, NC.
What is the lease rate?
The lease rate is $14 SF/Yr.
More about this property
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