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Class A Power Center
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101 New Market, Madison, NC 27025

Class A power center with 95% occupancy and remaining vacancies for potential leasing opportunities.

Days on Market113

Property Features for 101 New Market

General Information

Standard status Active
Class A
Property subtype Retail
Occupancy 95%

Additional Details

Traffic Count 18,000 vehicles/day

Building Details

Tenancy Multi
Listing Agency: Brookwood Capital Advisors - Hamd
Listed By: Ben Hamd · License #VA 02260227550
Source: Crexi
Added: Apr 11 Changed: Jul 22 Last Checked: Jul 23 at 6:48AM

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 Brookwood Capital Advisors - Hamd

Investment Insights

Based on property information with market context.

New Market Madison is a class A power center offering retail space within an established tenant base. The property is reported to have 95% occupancy, with national tenants accounting for approximately 80% of NOI, supported by long-term success and steady management.

The center is described as benefiting from 18,000 vehicles per day and being close to Greensboro and the Piedmont market in general.

Additional upside is indicated through leasing remaining vacant spaces.

Key Highlights

  • Class A power center in the Piedmont market of North Carolina
  • 95% occupancy with remaining vacant space for potential leasing
  • 80% of NOI attributed to national tenants

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Building Supply Electrical Service Real Estate Agency (Bike/Boat/Book/etc) Store Bakery HVAC 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

18,000 VPD
Traffic count
95%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

241
Businesses Nearby
116k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 39% Shops & Services 28% Groceries 20% Home Improvements & Furnishings 13%
Food Lion Grocery Store Groceries
22,727 visits/mo 0.4 miles
McDonald's Dining
16,229 visits/mo 0.1 miles
Tractor Supply Co. Home Improvements & Furnishings
14,555 visits/mo 0.1 miles
Hardee's Dining
12,238 visits/mo 0.3 miles
Roses Discount Store Shops & Services
8,087 visits/mo 0.2 miles

Demographics for 27025, NC

10,769
Population
5,513
Households
2
Avg Household Size
47
Median Age
15%
College-Educated
83%
High-School Grad
97.7 sq mi
ZIP Area
110
Density / Sq Mi
$53,075
Median Household Income
$36,261
Median Earnings
$709
Median Rent
$168,900
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?
Shopping center - Class A power center with 95% occupancy and remaining vacancies for potential leasing opportunities.
Where is this shopping center located?
The property is located at 101 New Market Madison, NC.
What are key features of this property?
This property features: Class A power center in the Piedmont market of North Carolina; 95% occupancy with remaining vacant space for potential leasing; 80% of NOI attributed to national tenants
More about this property
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