Multi-Tenant Retail NNN
For Sale
$5,100,000
1897 S Main Street, Waynesville, NC 28786
New 7,300 SF retail building with four national tenants on long-term NNN leases and rent escalations.
Property Size2,026 SF
Price / SF$698.63
Days on Market100
Property Features for 1897 S Main Street
General Information
Standard status
Active
Size
2,026 SF
Property subtype
Free Standing Store
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
Public Sewer
Additional parcels description:, Parcel Number: 8604-79-8173, Assessed Value: $594,300
Net Operating Income: $306,015
Central Air
Central
Listing ID: CAR4406789, Standard Status: Active, MLS Status: Active, Property Subtype: Free Standing Store, 63 days on market, Special Conditions: None
Built in 2026
County/Parish: Haywood
Natural Gas, Water Source: City
Road Responsibility: Publicly Maintained Road, Road Surface: Paved
Building Details
Building Size
2,026 SF
Year Built
2026
Tenancy
Multi
Listing Agency:
G/M Property Group
Listed By:
Keaton Edwards · License #277099
(828) 281-4024
Source:
Blackstreaminternational
Added: Jul 22
Changed: Oct 29
Last Checked: Oct 28 at 8:41AM
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 G/M Property Group
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Investment Insights
Based on property information with market context.
New construction offering a ±7,300 SF multi-tenant retail asset. The property is leased under long-term NNN lease structures to four national tenants, and the leases include rent escalations designed to provide built-in income growth over time.
The retail building is positioned for visibility from Main Street and includes direct access to Highway 74, supporting convenient customer access.
For more details on tenant structure and lease terms, please review the available brochure.
The retail building is positioned for visibility from Main Street and includes direct access to Highway 74, supporting convenient customer access.
For more details on tenant structure and lease terms, please review the available brochure.
Key Highlights
- New construction retail building built in 2026 totaling 7,300 SF
- Multi‑tenant setup with four national tenants on long‑term NNN lease structures
- Lease terms include rent escalations to support built‑in income growth
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
303
Businesses Nearby
349k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 32%
Dining 20%
Shops & Services 20%
Apparel 11%
Walmart
Superstores
110,256 visits/mo
0.3 miles
Belk
Apparel
34,332 visits/mo
0.2 miles
Ingles
Groceries
28,014 visits/mo
0.2 miles
Cook Out
Dining
24,921 visits/mo
0.0 miles
Michaels
Shops & Services
21,078 visits/mo
0.2 miles
Demographics for 28786, NC
21,204
Population
12,064
Households
1.8
Avg Household Size
50
Median Age
32%
College-Educated
91%
High-School Grad
73.0 sq mi
ZIP Area
290
Density / Sq Mi
$56,047
Median Household Income
$36,743
Median Earnings
$1,084
Median Rent
$266,800
Median Home Value
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Strip mall - New 7,300 SF retail building with four national tenants on long-term NNN leases and rent escalations.
Where is this strip mall located?
The property is located at 1897 S Main Street Waynesville, NC.
What is the asking price?
The asking price for this property is $5,100,000.
What are key features of this property?
This property features: New construction retail building built in 2026 totaling 7,300 SF; Multi‑tenant setup with four national tenants on long‑term NNN lease structures; Lease terms include rent escalations to support built‑in income growth
