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Retail Space in Asheboro, NC
For Lease
$12 SF/Yr

433 NC Highway 49 South, Asheboro, NC 27203

Retail property with high traffic and easy highway access.

Property Size7,500 SF
Days on Market251

Property Features for 433 NC Highway 49 South

General Information

Standard status Active
Size 7,500 SF
Property subtype Retail
Listing Agency: CBRE | Greensboro
Listed By: Lydia Whitley
Source: Cbre
Added: Nov 22, 2025 Changed: Jul 10 Last Checked: Jul 30 at 3:54AM

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 CBRE | Greensboro

Investment Insights

Based on property information with market context.

This retail property offers approximately 48,246 square feet of space. The lease rate is $12.00 per square foot, with TICAM at $3.07 per square foot. Located at the intersection of NC Highway 49 and Oak Leaf Road, the property benefits from high traffic counts, with 30,000 vehicles per day on I-73 and 15,000 vehicles per day on NC Highway 49. The property features a diverse mix of restaurants and retail and is positioned in a strong retail corridor with easy access to I-73 and US Highway 64.

Key Highlights

  • High traffic counts: 30,000 VPD on I‑73 & 15,000 VPD on NC Highway 49
  • Easy access to I‑73 & US Highway 64
  • Located at the intersection of Hwy 49 and Oak Leaf Road

Property Analytics

Current Use

Western Union Bank

Suggested Use

Top Pick Building Supply Restaurant Pharmacy Auto Parts Store Storage Facility Grocery & Convenience 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

NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

130
Businesses Nearby
38k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Groceries 70% Shops & Services 18% Dining 12%
Food Lion Grocery Store Groceries
26,457 visits/mo 0.1 miles
Citgo Shops & Services
5,497 visits/mo 0.4 miles
SUBWAY Dining
4,409 visits/mo 0.1 miles
Han-Dee Hugo's Shops & Services
1,175 visits/mo 0.3 miles

Demographics for 27203, NC

21,869
Population
9,937
Households
2.2
Avg Household Size
37
Median Age
17%
College-Educated
81%
High-School Grad
22.5 sq mi
ZIP Area
972
Density / Sq Mi
$47,506
Median Household Income
$32,900
Median Earnings
$852
Median Rent
$141,100
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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Similar Off Market Nearby

  • Coinstar Kiosk | Bitcoin ATM — Food Lion, 433 NC Hwy 49 South, 433 State Hwy 49, Asheboro, NC 27203

Frequently Asked Questions

What type of property is this?
Shopping center - Retail property with high traffic and easy highway access.
Where is this shopping center located?
The property is located at 433 NC Highway 49 South Asheboro, NC.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: High traffic counts: 30,000 VPD on I‑73 & 15,000 VPD on NC Highway 49; Easy access to I‑73 & US Highway 64; Located at the intersection of Hwy 49 and Oak Leaf Road
More about this property
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