Neighborhood Shopping Center with Food
For Sale
Contact for pricing
Pending
1700 N Croatan Hwy, Kill Devil Hills, NC 27948
Leasehold interest with 35 years remaining and a tenant mix serving daily-needs retail demand.
Property Size109,479 SF
Days on Market143
Property Features for 1700 N Croatan Hwy
General Information
Standard status
Pending
Size
109,479 SF
Property subtype
Retail
Additional Details
Anchor Co-Tenants
Food Lion, Belk
Building Details
Tenancy
Multi
Listing Agency:
CBRE Charlotte
(704) 331-1278
Listed By:
Mike Burkard · License #SC 4802
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 31 at 2:06AM
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 Charlotte
Investment Insights
Based on property information with market context.
Dare Centre is a 109,479-square-foot neighborhood shopping center anchored by Food Lion and supported by a broad mix of established retail and restaurant tenants. Occupants include Subway, Rack Room Shoes, Little Caesars, Duck Donuts, Max’s Italian Restaurant, and New York Bagels. Belk serves as a shadow anchor and is identified as the Outer Banks’ only department store.
The property is located at 1700 N Croatan Hwy in Kill Devil Hills, North Carolina, within the Outer Banks. Its customer base includes the area’s year-round population and seasonal tourism, with 250,000 to 300,000 visitors coming to the Outer Banks each summer.
The offering consists of a leasehold interest with 35 years remaining. The shop space has experienced robust leasing demand, with mark-to-market upside identified in the offering materials.
The property is located at 1700 N Croatan Hwy in Kill Devil Hills, North Carolina, within the Outer Banks. Its customer base includes the area’s year-round population and seasonal tourism, with 250,000 to 300,000 visitors coming to the Outer Banks each summer.
The offering consists of a leasehold interest with 35 years remaining. The shop space has experienced robust leasing demand, with mark-to-market upside identified in the offering materials.
Key Highlights
- 109,479 SF neighborhood shopping center anchored by Food Lion
- Tenant lineup includes Subway, Rack Room Shoes, Little Caesars, Duck Donuts, Max’s Italian Restaurant, and New York Bagels
- Belk is a shadow anchor and the Outer Banks’ only department store
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
303
Businesses Nearby
195k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 27%
Groceries 24%
Shops & Services 20%
Home Improvements & Furnishings 15%
Target
Superstores
51,681 visits/mo
0.4 miles
Lowe's
Home Improvements & Furnishings
26,596 visits/mo
0.4 miles
Wawa
Shops & Services
25,274 visits/mo
0.3 miles
Publix
Groceries
24,213 visits/mo
0.3 miles
Food Lion Grocery Store
Groceries
21,824 visits/mo
0.0 miles
Demographics for 27948, NC
12,095
Population
10,143
Households
1.2
Avg Household Size
46
Median Age
43%
College-Educated
96%
High-School Grad
9.3 sq mi
ZIP Area
1,301
Density / Sq Mi
$85,319
Median Household Income
$41,433
Median Earnings
$1,539
Median Rent
$398,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
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- Dare Centre — 1700 N Croatan Hwy, Kill Devil Hills, NC 27948
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Frequently Asked Questions
What type of property is this?
Shopping center - Leasehold interest with 35 years remaining and a tenant mix serving daily-needs retail demand.
Where is this shopping center located?
The property is located at 1700 N Croatan Hwy Kill Devil Hills, NC.
What are key features of this property?
This property features: 109,479 SF neighborhood shopping center anchored by Food Lion; Tenant lineup includes Subway, Rack Room Shoes, Little Caesars, Duck Donuts, Max’s Italian Restaurant, and New York Bagels; Belk is a shadow anchor and the Outer Banks’ only department store
