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Freestanding Retail Building
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407 Martin Luther King Jr, Lumberton, NC 28358

2014-built freestanding retail building on 0.94 acres, located near downtown Lumberton.

Property Size9,180 SF
Lot Size0.94 Acres
Days on Market1283

Property Features for 407 Martin Luther King Jr

General Information

Standard status Active
Size 9,180 SF
Lot size 0.94 Acres
Property subtype RETAIL

Additional Details

Highway Access Yes

Building Details

Year Built 2014
Listing Agency: CBRE | Raleigh
Listed By: Jon Stanley
Source: Moodyscre
Added: Jan 24, 2023 Changed: Jul 26 Last Checked: Jul 29 at 1:19PM

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 CBRE | Raleigh

Investment Insights

Based on property information with market context.

Built in 2014, this freestanding retail building sits on 0.94 acres of land and offers a dedicated footprint for retail use. The property size is listed at 9,180 square feet.

The building is less than 2 miles from Interstate 95 and is located about halfway between New York and Florida. It is also less than 1 mile from the center of downtown Lumberton.

Lumberton is home to the Lumber River State Park, which draws visitors for water activities.

Key Highlights

  • 2014‑built freestanding retail building on 0.94 acres
  • Located less than 2 miles from Interstate 95
  • About 1 mile to the center of downtown Lumberton

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm HVAC Service Spa & Massage Center Nail Salon Big Box & Wholesale Store Cafe & Coffee Shop

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
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

62
Businesses Nearby
5k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Dollar General Shops & Services
4,998 visits/mo 0.1 miles

Demographics for 28358, NC

32,865
Population
14,838
Households
2.2
Avg Household Size
39
Median Age
17%
College-Educated
82%
High-School Grad
196.6 sq mi
ZIP Area
167
Density / Sq Mi
$46,756
Median Household Income
$34,031
Median Earnings
$837
Median Rent
$106,200
Median Home Value

Market

Lease Benchmarks for Lumberton, NC

$15.55 /SF/Yr
Avg Asking Price
$15–$16 /SF/Yr
Price Range
2,928 SF
Avg Space Size

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 - 2014-built freestanding retail building on 0.94 acres, located near downtown Lumberton.
Where is this retail space located?
The property is located at 407 Martin Luther King Jr Lumberton, NC.
What are key features of this property?
This property features: 2014‑built freestanding retail building on 0.94 acres; Located less than 2 miles from Interstate 95; About 1 mile to the center of downtown Lumberton
(919) 424-8149 Call to check price and availability
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