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Retail Investment Property
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2 Parrish Dr, Randleman, NC 27317

For sale retail asset with a stated 5% cap rate and 6,000 SF total size.

Property SizeContact for details
Days on Market123

Property Features for 2 Parrish Dr

General Information

Standard status Active
Property subtype Retail

Additional Details

Cap Rate 5%
Listing Agency: Encore Real Estate Investment Services
Listed By: Deno Bistolarides · License #6502378067
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 8:22AM

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 Encore Real Estate Investment Services

Investment Insights

Based on property information with market context.

This for-sale retail property is presented as an income-oriented investment offering a stated 5% cap rate and approximately 6,000 SF of retail space.

The property is located at 2 Parrish Dr in Randleman, NC 27317. Additional details on unit configuration, tenancy, and improvements are not provided in the available information.

Key Highlights

  • Retail asset offered with a stated 5% cap rate
  • 6,000 SF total size

Property Analytics

Current Use

Sheetz Grocery & Convenience Store PNC ATM Atm

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Electrical Service Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

174
Businesses Nearby
240k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 41% Shops & Services 29% Superstores 27% Electronics 3%
Walmart Superstores
63,859 visits/mo 0.2 miles
Sheetz Shops & Services
38,298 visits/mo 0.1 miles
McDonald's Dining
28,177 visits/mo 0.2 miles
Bojangles' Famous Chicken 'n Biscuits Dining
20,726 visits/mo 0.2 miles
Wendy's Dining
15,529 visits/mo 0.2 miles

Demographics for 27317, NC

17,563
Population
7,276
Households
2.4
Avg Household Size
42
Median Age
15%
College-Educated
82%
High-School Grad
54.1 sq mi
ZIP Area
325
Density / Sq Mi
$57,266
Median Household Income
$34,578
Median Earnings
$793
Median Rent
$170,100
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?
Retail space - For sale retail asset with a stated 5% cap rate and 6,000 SF total size.
Where is this retail space located?
The property is located at 2 Parrish Dr Randleman, NC.
What are key features of this property?
This property features: Retail asset offered with a stated 5% cap rate; 6,000 SF total size
(248) 702-0288 Call to check price and availability
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