Listing Agency: Matthews

Listed By: Kyle Matthews, CCIM · License #20170883

Source: Crexi

Added: Apr 12 Changed: Aug 8 Last Checked: Jul 21 at 12:09PM

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Investment Insights

Based on property information with market context.

This retail property is offered for sale and includes a stated 5.25% cap rate with 1,948 SF of retail space. The offering is presented as a retail investment opportunity.

The property is located at 298 Premier Blvd in Roanoke Rapids, North Carolina.

Key Highlights

• Retail property for sale with 1,948 SF
• Stated 5.25% cap rate

Property Analytics

Current Use

Starbucks Cafe & Coffee Shop

Suggested Use

Top Pick Building Supply Electrical Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Bakery Carpet & Flooring 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

30

Businesses Nearby

Explore this area Business Placement

Demographics for 27870, NC

25,738

Population

11,578

Households

2.2

Avg Household Size

43

Median Age

19%

College-Educated

85%

High-School Grad

65.2 sq mi

ZIP Area

395

Density / Sq Mi

$48,994

Median Household Income

$35,581

Median Earnings

$835

Median Rent

$117,300

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

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - Retail property offered for sale with 5.25% cap and 1,948 SF of space.

Where is this retail space located?

The property is located at 298 Premier Blvd Roanoke Rapids, NC.

What are key features of this property?

This property features: Retail property for sale with 1,948 SF; Stated 5.25% cap rate