Anchored Shopping Center for
For Sale
Contact for pricing
411 W A St, Newton, NC 28658
Former Honey’s IGA grocery-anchored shopping center is 18% occupied, offering lease-up to stabilize the asset.
Property Size60,043 SF
Days on Market122
Property Features for 411 W A St
General Information
Standard status
Active
Size
60,043 SF
Property subtype
Retail
Occupancy
18%
Site & Location
Traffic Count
25,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Tenancy
Multi
Listing Agency:
Kidder Mathews San Diego
Listed By:
Sam Hanna · License #CA 01242719
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 22 at 11:56AM
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 Kidder Mathews San Diego
Investment Insights
Based on property information with market context.
SRS National Net Lease Group is pleased to offer the fee simple interest (land and building ownership) in Warwick Plaza, a former Honey’s IGA Grocery anchored shopping center in Newton, North Carolina. The center is currently 18% occupied by Family Dollar, a Salon, and Ace Bail Bonds, LLC, creating an opportunity to stabilize the property through lease-up and re-tenanting.
Warwick Plaza is located near the signalized, hard corner intersection of Southwest Blvd/U.S. Hwy 321 and W A St, with a combined 25,000 VPD. Southwest Blvd/U.S. Hwy 321 serves as a major north/south thoroughfare through Newton. The City of Newton was informed that North Carolina has a Building Reuse Grant that could potentially provide $2,500 to $10,000 per new job created, with an estimated $750k total.
Buyer will be responsible for capital expenditures, demising costs, tenant improvements, leasing commissions, and all other re-tenanting costs. Nearby retailers include Walmart Neighborhood Market, CVS, Burkes Outlet, Food Lion Supermarket, and Dollar General.
Warwick Plaza is located near the signalized, hard corner intersection of Southwest Blvd/U.S. Hwy 321 and W A St, with a combined 25,000 VPD. Southwest Blvd/U.S. Hwy 321 serves as a major north/south thoroughfare through Newton. The City of Newton was informed that North Carolina has a Building Reuse Grant that could potentially provide $2,500 to $10,000 per new job created, with an estimated $750k total.
Buyer will be responsible for capital expenditures, demising costs, tenant improvements, leasing commissions, and all other re-tenanting costs. Nearby retailers include Walmart Neighborhood Market, CVS, Burkes Outlet, Food Lion Supermarket, and Dollar General.
Key Highlights
- Warwick Plaza is a former Honey’s IGA grocery‑anchored shopping center with 60,043 SF of building area.
- Currently 18% occupied by Family Dollar, a Salon, and Ace Bail Bonds, LLC, with vacancy offering lease‑up potential.
- Fee simple interest (land & building ownership) available for acquisition of the shopping center.
Property Analytics
Current Use
Lease Details
25,000 VPD
Traffic count
18%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
636
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 28658, NC
26,453
Population
10,958
Households
2.4
Avg Household Size
42
Median Age
19%
College-Educated
88%
High-School Grad
71.3 sq mi
ZIP Area
371
Density / Sq Mi
$67,805
Median Household Income
$41,013
Median Earnings
$933
Median Rent
$192,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- Plaza Mexicana — 701-799 N Main Ave, Newton, NC 28658
Frequently Asked Questions
What type of property is this?
Shopping center - Former Honey’s IGA grocery-anchored shopping center is 18% occupied, offering lease-up to stabilize the asset.
Where is this shopping center located?
The property is located at 411 W A St Newton, NC.
What are key features of this property?
This property features: Warwick Plaza is a former Honey’s IGA grocery‑anchored shopping center with 60,043 SF of building area.; Currently 18% occupied by Family Dollar, a Salon, and Ace Bail Bonds, LLC, with vacancy offering lease‑up potential.; Fee simple interest (land & building ownership) available for acquisition of the shopping center.
