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Shopping Center Near Medical Center
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150 Park Lane Drive, Rutherfordton, NC 28139

Established retail property positioned near downtown and Rutherford Regional Medical Center with access at a primary US highway intersection.

Property Size41,032 SF
Price / SF$26.20
Days on Market8

Property Features for 150 Park Lane Drive

General Information

Standard status Active
Size 41,032 SF
Property subtype Retail
Occupancy 73%
Investment Type Value Add
Net Operating Income $101,383

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Year Built 1968
Stories 1
Tenancy Multi
Listing Agency: Cushman & Wakefield - Atlanta, Georgia
Listed By: Margaret Jones · License #GA 325517
Source: Crexi
Added: Jul 28 Changed: Aug 4 Last Checked: Aug 4 at 6:22AM

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 Cushman & Wakefield - Atlanta, Georgia

Investment Insights

Based on property information with market context.

This shopping center contains 41,032 square feet of property built in 1968. The asset is positioned for retail-oriented commercial use and offers an established physical footprint for ownership or repositioning.

The property is located in Rutherfordton, a county seat in North Carolina, near downtown and Rutherford Regional Medical Center. Access is provided at the intersection of Main St and US-221A Hwy, giving the site a defined position within the local street network. The address is 150 Park Lane Drive, Rutherfordton, NC 28139.

Key Highlights

  • 41,032‑square‑foot shopping center
  • Built in 1968
  • Rutherfordton county seat location

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Building Supply Auto Repair Shop Big Box & Wholesale Store Storage Facility Cafe & Coffee Shop HVAC Service

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
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

639
Businesses Nearby
31k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 91% Dining 9%
BP Shops & Services
14,944 visits/mo 0.2 miles
Truist Shops & Services
4,260 visits/mo 0.1 miles
Domino's Pizza Dining
2,782 visits/mo 0.2 miles
Wells Fargo Shops & Services
2,718 visits/mo 0.1 miles
Fred's Super Dollar Shops & Services
2,710 visits/mo 0.1 miles

Demographics for 28139, NC

18,665
Population
8,953
Households
2.1
Avg Household Size
48
Median Age
23%
College-Educated
87%
High-School Grad
181.9 sq mi
ZIP Area
103
Density / Sq Mi
$52,148
Median Household Income
$36,340
Median Earnings
$842
Median Rent
$195,300
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 - Established retail property positioned near downtown and Rutherford Regional Medical Center with access at a primary US highway intersection.
Where is this shopping center located?
The property is located at 150 Park Lane Drive Rutherfordton, NC.
What is the asking price?
The asking price for this property is $1,075,000.
What are key features of this property?
This property features: 41,032‑square‑foot shopping center; Built in 1968; Rutherfordton county seat location
More about this property
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