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Anchored Retail Shopping Center

1311-1395 Klumac Road & 1435-1465 Klumac Road, Salisbury, NC 28146

For Lease
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The center brings together major retail anchors and a mix of national and local co-tenants.

Space Size110,922 SF
Days on Market5

Property Features for 1311-1395 Klumac Road & 1435-1465 Klumac Road

General Information

Standard status Active
Size 110,922 SF
Property subtype Retail

Spaces For Lease

at 1311-1395 Klumac Road & 1435-1465 Klumac Road
#1 Active
Size 110,922 SF
Contact us
Listing Agency: RCG Ventures
Listed By: Lee Zimmerman · License #GA
Source: Crexi
Added: Nov 5 Changed: Nov 8 Last Checked: Nov 8 at 3:30PM

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 RCG Ventures

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Investment Insights

Based on property information with market context.

Wallace Commons I & II is a retail shopping center comprising approximately 209,431 SF across two Klumac Road address ranges in Salisbury, North Carolina. Its anchor tenants include Kohl's, Belk, Michaels, Ulta Beauty and Shoe Carnival.

Additional tenants include Dollar Tree, The Athlete's Foot, Bath & Body Works, Los Arcos Mexican Restaurant, Longhorn Steakhouse, Sport Clips and Greystone Salon. The tenant roster spans retail, restaurant and personal-care businesses.

Key Highlights

  • Approximately 209,431 SF of retail space
  • Anchored by Kohl's, Belk, Michaels, Ulta Beauty and Shoe Carnival
  • Additional tenants include Dollar Tree, The Athlete's Foot, Bath & Body Works and Longhorn Steakhouse

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Storage Facility Garden Center Pharmacy

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

296
Businesses Nearby
332k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Apparel 38% Dining 36% Shops & Services 22% Electronics 2%
Kohl's Apparel
43,544 visits/mo 0.0 miles
Culver's Dining
32,229 visits/mo 0.5 miles
Burlington Apparel
30,952 visits/mo 0.5 miles
Olive Garden Dining
26,399 visits/mo 0.2 miles
Belk Apparel
24,811 visits/mo 0.1 miles

Demographics for 28146, NC

29,572
Population
14,111
Households
2.1
Avg Household Size
44
Median Age
24%
College-Educated
92%
High-School Grad
97.1 sq mi
ZIP Area
305
Density / Sq Mi
$67,053
Median Household Income
$43,106
Median Earnings
$888
Median Rent
$227,600
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 - The center brings together major retail anchors and a mix of national and local co-tenants.
Where is this shopping center located?
The property is located at 1311-1395 Klumac Road & 1435-1465 Klumac Road Salisbury, NC.
What are key features of this property?
This property features: Approximately 209,431 SF of retail space; Anchored by Kohl's, Belk, Michaels, Ulta Beauty and Shoe Carnival; Additional tenants include Dollar Tree, The Athlete's Foot, Bath & Body Works and Longhorn Steakhouse
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