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Freestanding Retail Building
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407 Martin Luther King Jr, Lumberton, NC 28358

2014-built freestanding retail building on 0.94 acres, located near downtown Lumberton.

Space Size9,180 SF
Lot Size0.94 Acres
Days on Market1379

Property Features for 407 Martin Luther King Jr

General Information

Standard status Active
Size 9,180 SF
Lot size 0.94 Acres
Property subtype RETAIL

Additional Details

Highway Access Yes

Building Details

Year Built 2014

Spaces For Lease

at 407 Martin Luther King Jr
407 Martin Luther King Jr AVAILABLE, Now
Floor Bldg
Size 9,180 SF
Type RETAIL
Rate Contact for pricing
Sublease No
– 2014 built freestanding building situated on 0.94 acres of land – Less than 2 miles off of interstate 95, located halfway between New York and Florida – Less than 1 mile to the center of downtown Lumberton – Lumberton is home to the Lumber River State Park, which draws visitors for water activities
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Listing Agency: CBRE | Raleigh
Listed By: Jon Stanley
Source: Moodyscre
Added: Jan 24, 2023 Changed: Oct 25 Last Checked: Nov 1 at 8:45AM

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 CBRE | Raleigh

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Investment Insights

Based on property information with market context.

Built in 2014, this freestanding retail building sits on 0.94 acres of land and offers a dedicated footprint for retail use. The property size is listed at 9,180 square feet.

The building is less than 2 miles from Interstate 95 and is located about halfway between New York and Florida. It is also less than 1 mile from the center of downtown Lumberton.

Lumberton is home to the Lumber River State Park, which draws visitors for water activities.

Key Highlights

  • 2014‑built freestanding retail building on 0.94 acres
  • Located less than 2 miles from Interstate 95
  • About 1 mile to the center of downtown Lumberton

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Dental Office Real Estate Agency Electrical Service Pharmacy Restaurant (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.

Lease Details

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

180
Businesses Nearby
23k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 75% Groceries 25%
Dollar Tree Shops & Services
6,268 visits/mo 0.4 miles
Piggly Wiggly Groceries
5,817 visits/mo 0.3 miles
Exxon Shops & Services
4,333 visits/mo 0.3 miles
Family Dollar Shops & Services
4,312 visits/mo 0.3 miles
H&R Block Shops & Services
1,404 visits/mo 0.4 miles

Demographics for 28358, NC

32,865
Population
14,838
Households
2.2
Avg Household Size
39
Median Age
17%
College-Educated
82%
High-School Grad
196.6 sq mi
ZIP Area
167
Density / Sq Mi
$46,756
Median Household Income
$34,031
Median Earnings
$837
Median Rent
$106,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Lumberton, NC

$15.01 /SF/Yr
Avg Asking Price
$14.92–$15.15 /SF/Yr
Price Range
2,934 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

Frequently Asked Questions

What type of property is this?
Retail space - 2014-built freestanding retail building on 0.94 acres, located near downtown Lumberton.
Where is this retail space located?
The property is located at 407 Martin Luther King Jr Lumberton, NC.
What are key features of this property?
This property features: 2014‑built freestanding retail building on 0.94 acres; Located less than 2 miles from Interstate 95; About 1 mile to the center of downtown Lumberton
(919) 424-8149 Call to check price and availability
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