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Multi-Tenant Retail Center
For Sale
Contact for pricing
Pending

801-819 North First St, Albemarle, NC 28001

For sale retail center offering stabilized income based on an stated 8.57% CAP rate.

Property Size52,230 SF
Days on Market113

Property Features for 801-819 North First St

General Information

Standard status Pending
Size 52,230 SF
Property subtype Retail

Additional Details

Cap Rate 8.57%
Listing Agency: Riser Retail Group Carmel
Listed By: John F. Riser · License #RB14036150
Source: Crexi
Added: Apr 10 Changed: Jul 23 Last Checked: Jul 28 at 8:20AM

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 Riser Retail Group Carmel

Investment Insights

Based on property information with market context.

This is a for-sale multi-tenant retail center with a total building size of 52,230 square feet. The offering is presented with an indicated 8.57% CAP rate.

The property is located at 801–819 North First St in Albemarle, North Carolina.

The listing is offered as a single retail asset and is best suited for buyers seeking exposure to a consolidated retail income stream.

Key Highlights

  • Retail property for sale with stated 8.57% CAP rate
  • Total building area: 52,230 SF

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Storage Facility HVAC Service Electrical Service Real Estate Agency

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

602
Businesses Nearby
20k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 77% Shops & Services 23%
Harris Teeter Groceries
15,484 visits/mo 0.2 miles
Citgo Shops & Services
2,897 visits/mo 0.5 miles
Eye Care Center Shops & Services
1,299 visits/mo 0.4 miles
Napa Auto Parts Shops & Services
352 visits/mo 0.2 miles

Demographics for 28001, NC

27,185
Population
12,847
Households
2.1
Avg Household Size
43
Median Age
21%
College-Educated
88%
High-School Grad
131.4 sq mi
ZIP Area
207
Density / Sq Mi
$55,610
Median Household Income
$36,684
Median Earnings
$823
Median Rent
$194,200
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
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Frequently Asked Questions

What type of property is this?
Retail space - For sale retail center offering stabilized income based on an stated 8.57% CAP rate.
Where is this retail space located?
The property is located at 801-819 North First St Albemarle, NC.
What are key features of this property?
This property features: Retail property for sale with stated 8.57% CAP rate; Total building area: 52,230 SF
(317) 844-0700 Call to check price and availability
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