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Truist Bank Retail Space
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261 N Fayetteville St, Asheboro, NC 27203

Retail property located at 261 N Fayetteville St in Asheboro, North Carolina.

Property Size11,088 SF
Days on Market141

Property Features for 261 N Fayetteville St

General Information

Standard status Active
Size 11,088 SF
Property subtype Retail

Additional Details

Cap Rate 7%
Listing Agency: Matthews
Listed By: Keegan Mulcahy · License #CA 2067187
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 9:56AM

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 Matthews

Investment Insights

Based on property information with market context.

This retail property at 261 N Fayetteville St in Asheboro, NC, is identified as Truist Bank and contains 11,088 SF. The offering is presented with a 7.00% CAP, providing a defined capitalization metric for evaluating the asset. The property’s retail classification and established identification support straightforward positioning for commercial buyers reviewing income-producing real estate.

Key Highlights

  • 11,088 SF retail property
  • Stated 7.00% CAP
  • Identified as Truist Bank

Property Analytics

Current Use

BB&T Insurance Services Insurance Agency Mason Rodney Law Firm Truist - ATM Atm BB&T Mortgage Loan Service Truist Bank

Suggested Use

Top Pick Storage Facility Big Box & Wholesale Store Garden Center Building Supply Hotel & Motel (Bike/Boat/Book/etc) Store

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

1,439
Businesses Nearby
22k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 73% Dining 24% Home Improvements & Furnishings 3%
AutoZone Shops & Services
4,929 visits/mo 0.5 miles
Family Dollar Shops & Services
4,503 visits/mo 0.2 miles
Domino's Pizza Dining
3,824 visits/mo 0.1 miles
Sunoco Shops & Services
2,602 visits/mo 0.5 miles
Citgo Shops & Services
2,519 visits/mo 0.4 miles

Demographics for 27203, NC

21,869
Population
9,937
Households
2.2
Avg Household Size
37
Median Age
17%
College-Educated
81%
High-School Grad
22.5 sq mi
ZIP Area
972
Density / Sq Mi
$47,506
Median Household Income
$32,900
Median Earnings
$852
Median Rent
$141,100
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 - Retail property located at 261 N Fayetteville St in Asheboro, North Carolina.
Where is this retail space located?
The property is located at 261 N Fayetteville St Asheboro, NC.
What are key features of this property?
This property features: 11,088 SF retail property; Stated 7.00% CAP; Identified as Truist Bank
(615) 667-0160 Call to check price and availability
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