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Retail Shops in Elizabeth City
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3840 Patrick Way, Elizabeth City, NC 27909

Retail shops available for rent in Elizabeth City, NC.

Space SizeContact for details
Property Size16,920 SF
Lot Size1.16 Acres
Days on Market110

Property Features for 3840 Patrick Way

General Information

Standard status Active
Size 16,920 SF
Class A
Lot size 1.16 Acres
Property subtype Retail, Office

Building Details

Building Size 16,920 SF
Year Built 2026
Tenancy Multiple

Spaces For Lease

at 3840 Patrick Way Contact us

Available Spaces

Type
Office, Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Parker Burnell Real Estate Group
Listed By: Jay Burnell · License #0225051316
Source: Crexi
Added: May 13 Changed: Aug 21 Last Checked: Aug 29 at 3:13AM

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 Parker Burnell Real Estate Group

Investment Insights

Based on property information with market context.

Retail shops, ranging from approximately 1,200 to 16,920 square feet, are available for rent on a 1.16-acre site. The location is directly in front of the established Tanglewood Pavilions in Elizabeth City, North Carolina, situated in the retail hub at the intersection of US Route 17 Bypass and Halstead Boulevard. Nearby retailers include Walmart, TJ Maxx, Ross, Hobby Lobby, Aldi, and Lidl. The area is anchored by a Walmart supercenter with approximately 206,000 square feet and $110 million in annual revenue. A major U.S. Coast Guard base with over 2,700 employees is located in the area. A 110-bed hospital is under construction by Sentara Healthcare, which is expected to bring over 1,000 new employees to the area.

Key Highlights

  • Located in the retail hub of Elizabeth City at the intersection of US Route 17 Bypass and Halstead Boulevard.
  • Anchored by a ±206,000 SF Walmart Supercenter with $110M annual revenue.
  • New construction (Year Built: 2026).

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Electrical Service Locksmith (Bike/Boat/Book/etc) Store Storage Facility Garden Center Big Box & Wholesale 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.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

130
Businesses Nearby

Demographics for 27909, NC

40,606
Population
17,591
Households
2.3
Avg Household Size
40
Median Age
27%
College-Educated
90%
High-School Grad
226.9 sq mi
ZIP Area
179
Density / Sq Mi
$64,039
Median Household Income
$40,399
Median Earnings
$1,146
Median Rent
$223,400
Median Home Value

Market

Lease Benchmarks for Elizabeth City, NC

$19.91 /SF/Yr
Avg Asking Price
$12–$36.54 /SF/Yr
Price Range
4,104 SF
Avg Space Size

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 shops available for rent in Elizabeth City, NC.
Where is this retail space located?
The property is located at 3840 Patrick Way Elizabeth City, NC.
What are key features of this property?
This property features: Located in the retail hub of Elizabeth City at the intersection of US Route 17 Bypass and Halstead Boulevard.; Anchored by a ±206,000 SF Walmart Supercenter with $110M annual revenue.; New construction (Year Built: 2026).
(757) 222-0111 Call to check price and availability
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