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Retail Space in Twin Oaks
For Lease
$3,870/Mo

400 Peterson Drive, Lumberton, NC 28358

Retail space available in multi-tenant shopping center.

Space SizeContact for details
Days on Market765

Property Features for 400 Peterson Drive

General Information

Standard status Active
Property subtype Rental

Building Details

Year Built 1987
Listing Agency: COLDWELL BANKER PREMIER TEAM REALTY
Listed By: CB RENTAL TEAM POWERED BY COLDWELL BANKER PREMIER TEAM REALTY
Source: Exitrealty
Added: Jul 9, 2024 Changed: Aug 8 Last Checked: Aug 12 at 3:58AM

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 COLDWELL BANKER PREMIER TEAM REALTY

Investment Insights

Based on property information with market context.

Located near exit 22 off I-95, this 2903 sq ft retail space is situated in the Twin Oaks Shopping Center, a multi-tenant facility offering excellent exposure. The space features 20-foot ceilings, a large storefront, a breakroom, and two bathrooms. The lease includes common area maintenance, landscaping, and parking lot maintenance. An adjacent 4643 sq ft storefront is also available and could be combined with this space if more area is needed. Loading docks are available for additional rent. The location benefits from an Annual Average Daily Traffic Count (AADT) of 30,000 vehicles per day. Square footage is approximate.

Key Highlights

  • Excellent Exposure: Located in Twin Oaks Shopping Center, just off I‑95 (Exit 22) with high visibility.
  • High Traffic: Benefits from an Annual Average Daily Traffic Count (AADT) of 30,000 vehicles.
  • Retail‑Ready Space: Features 2903 sq ft with 20‑foot ceilings, a large storefront, a breakroom, and 2 bathrooms.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Law Firm Parking Lot & Garage Storage Facility Electrical Service

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
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

569
Businesses Nearby
49k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 68% Dining 24% Home Improvements & Furnishings 8%
State Employees Credit Union Shops & Services
18,386 visits/mo 0.5 miles
Exxon Shops & Services
6,730 visits/mo 0.3 miles
Pizza Hut Dining
5,128 visits/mo 0.2 miles
Domino's Pizza Dining
3,923 visits/mo 0.2 miles
Peterson Toyota Shops & Services
3,073 visits/mo 0.1 miles

Demographics for 28358, NC

32,865
Population
14,838
Households
2.2
Avg Household Size
39
Median Age
17%
College-Educated
82%
High-School Grad
196.6 sq mi
ZIP Area
167
Density / Sq Mi
$46,756
Median Household Income
$34,031
Median Earnings
$837
Median Rent
$106,200
Median Home Value

Market

Lease Benchmarks for Lumberton, NC

$15.62 /SF/Yr
Avg Asking Price
$15–$16 /SF/Yr
Price Range
2,988 SF
Avg Space Size

This space is priced 2% above the average of $15.62 /SF/Yr.

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space available in multi-tenant shopping center.
Where is this retail space located?
The property is located at 400 Peterson Drive Lumberton, NC.
What is the lease rate?
The lease rate is $3,870/Mo.
What are key features of this property?
This property features: Excellent Exposure: Located in Twin Oaks Shopping Center, just off I‑95 (Exit 22) with high visibility.; High Traffic: Benefits from an Annual Average Daily Traffic Count (AADT) of 30,000 vehicles.; Retail‑Ready Space: Features 2903 sq ft with 20‑foot ceilings, a large storefront, a breakroom, and 2 bathrooms.
More about this property
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