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Retail Center Near Walmart
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302 North Carolina 55, Mount Olive, NC 28365

9,900 SF retail center with high visibility and access.

Property Size9,900 SF
Days on Market247

Property Features for 302 North Carolina 55

General Information

Standard status Active
Size 9,900 SF
Property subtype Retail
Listing Agency: Lee & Associates | Raleigh
Listed By: Will Smith · License #304532
Source: Lee-associates
Added: Nov 26, 2025 Changed: Jul 6 Last Checked: Jul 30 at 4:46AM

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 Lee & Associates | Raleigh

Investment Insights

Based on property information with market context.

The Shops of Mount Olive is a 9,900 SF multi-tenant retail center situated at the intersection of NC Highway 55 and US Route 117. The location provides visibility and access within Mount Olive’s primary commercial corridor. The center benefits from shadow-anchoring by Walmart Supercenter, which drives local and regional foot traffic. A 1,030 SF retail suite is available for lease, suitable for retail or service businesses. The property is located near the University of Mount Olive and the Mount Olive Pickle Company. Traffic counts are 13,000 VPD on NC Hwy 55 and 15,000 VPD on US-117. The property is surrounded by established national and regional retailers.

Key Highlights

  • Shadow‑anchored by Walmart Supercenter, driving consistent foot traffic.
  • Located at the high‑traffic intersection of NC Highway 55 and US Route 117 with excellent visibility and access.
  • High traffic counts: 13,000 VPD on NC Hwy 55 and 15,000 VPD on US‑117.

Property Analytics

Current Use

Strip malls

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1
Businesses Nearby

Demographics for 28365, NC

14,653
Population
6,541
Households
2.2
Avg Household Size
40
Median Age
16%
College-Educated
80%
High-School Grad
191.4 sq mi
ZIP Area
77
Density / Sq Mi
$52,333
Median Household Income
$32,642
Median Earnings
$922
Median Rent
$119,000
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?
Strip mall - 9,900 SF retail center with high visibility and access.
Where is this strip mall located?
The property is located at 302 North Carolina 55 Mount Olive, NC.
What are key features of this property?
This property features: Shadow‑anchored by Walmart Supercenter, driving consistent foot traffic.; Located at the high‑traffic intersection of NC Highway 55 and US Route 117 with excellent visibility and access.; High traffic counts: 13,000 VPD on NC Hwy 55 and 15,000 VPD on US‑117.
More about this property
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