Listing Agency: Net Leased Advisors j***@jenniferstein-realestate.com Show Phone

Listed By: Matt Ragland · License #TX 646825

Source: Crexi

Added: Apr 11 Changed: Jul 22 Last Checked: Jul 23 at 3:12PM

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Investment Insights

Based on property information with market context.

This for-sale retail investment property is offered as a retail asset totaling 10,125 SF, with a stated 5.09% CAP rate.

The property is located at 325 Pineola St in Newland, North Carolina (28657).

With its defined retail building size and listed income metric, the offering provides a straightforward option for investors evaluating retail exposure based on the provided CAP rate and overall square footage.

Key Highlights

• Retail property for sale with 10,125 SF
• Stated 5.09% CAP rate

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Furniture & Home Goods (Bike/Boat/Book/etc) Store Garden Center Cafe & Coffee Shop Veterinary Clinic Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

285

Businesses Nearby

46k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 56% Shops & Services 44%

Bojangles' Famous Chicken 'n Biscuits Dining

15,258 visits/mo 0.3 miles

Hardee's Dining

9,397 visits/mo 0.2 miles

Exxon Shops & Services

7,558 visits/mo 0.4 miles

Valero Energy Shops & Services

3,134 visits/mo 0.1 miles

United Community Bank Shops & Services

2,612 visits/mo 0.0 miles

Demographics for 28657, NC

9,086

Population

6,249

Households

1.5

Avg Household Size

49

Median Age

25%

College-Educated

91%

High-School Grad

160.0 sq mi

ZIP Area

57

Density / Sq Mi

$56,371

Median Household Income

$35,045

Median Earnings

$748

Median Rent

$223,600

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

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - For sale retail property with 10,125 SF and a stated 5.09% CAP rate.

Where is this retail space located?

The property is located at 325 Pineola St Newland, NC.

What are key features of this property?

This property features: Retail property for sale with 10,125 SF; Stated 5.09% CAP rate