Listing Agency: Looking Glass Realty Asheville

Listed By: Paul Wilander · License #NC247247 Show Phone

Source: Crexi

Added: Apr 11 Changed: Aug 21 Last Checked: Sep 3 at 11:59AM

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Investment Insights

Based on property information with market context.

This 10,000 sq. ft. retail strip center is configured to include a USPS tenant occupying 2,500 sq. ft. on the far right end of the property.

The center is located on Highway 64 in Sapphire, NC. Public remarks note a strong traffic count along the highway.

The remainder of the strip center is available as additional retail space within the same property footprint.

Key Highlights

• 10,000 SF strip center on Highway 64 in Sapphire, NC.
• US Postal Service tenant occupies 2,500 SF on the far right end of the property.

Property Analytics

Property Profile

Current Use

Shopping centers

Suggested Use

Top Pick HVAC Service Electrical Service Auto Parts Store Storage Facility Garden Center Big Box & Wholesale 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

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

44

Businesses Nearby

3k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Home Improvements & Furnishings 80% Shops & Services 20%

McNeely's Store & Rental - ACE Hardware Home Improvements & Furnishings

2,557 visits/mo 0.3 miles

Carquest Auto Parts # 15961 Shops & Services

622 visits/mo 0.2 miles

Demographics for 28774, NC

1,571

Population

2,603

Households

0.6

Avg Household Size

63

Median Age

68%

College-Educated

92%

High-School Grad

54.4 sq mi

ZIP Area

29

Density / Sq Mi

$119,183

Median Household Income

$58,813

Median Earnings

$1,629

Median Rent

$723,200

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 shopping centers located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Shopping center - Strip center includes a USPS tenant occupying 2,500 sq. ft. on the end of the property.

Where is this shopping center located?

The property is located at 17768 Rosman Hwy Sapphire, NC.

What are key features of this property?

This property features: 10,000 SF strip center on Highway 64 in Sapphire, NC.; US Postal Service tenant occupies 2,500 SF on the far right end of the property.