Building Details

Tenancy Multi

Listing Agency: Freeman Commercial Real Estate c***@freemancommercial.com Show Phone

Listed By: Charles Freeman III Show Phone

Source: Moodyscre

Added: May 22, 2025 Changed: Jul 27 Last Checked: Jul 30 at 12:41PM

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Investment Insights

Based on property information with market context.

A neighborhood shopping center offering multiple available retail suites, each available on an NNN basis. Suite 411 is the anchor unit and includes four loading docks. Other available spaces include Suite 413 and Suite 421, each sized for flexible operational layouts. The property has recently been upgraded with LED lighting in the common areas.

The center provides 230 parking spaces and is positioned on 2nd Avenue, with traffic counted at 10,766 vehicles per day.

Reported possible uses for the available spaces include retail, office, restaurant, medical, and fitness.

Key Highlights

• Available suites include 21,000 SF (Suite 411), 8,450 SF (Suite 413), and 1,600 SF (Suite 421)
• Suite 411 is an anchor unit at $7.00/SF NNN and includes 4 loading docks
• LED upgrade completed in common areas

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Building Supply Dental Office Electrical Service Hair Salon Kitchen & Bath Showroom (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

10,766 VPD

Traffic count

Multi-tenant

Tenancy

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

238

Businesses Nearby

50k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Groceries 46% Dining 33% Shops & Services 22%

Food Lion Grocery Store Groceries

22,727 visits/mo 0.3 miles

Hardee's Dining

12,238 visits/mo 0.3 miles

Truist Shops & Services

5,262 visits/mo 0.3 miles

Pizza Hut Dining

3,908 visits/mo 0.4 miles

Advance Auto Parts Shops & Services

2,079 visits/mo 0.2 miles

Demographics for 27027, NC

4,006

Population

2,191

Households

1.8

Avg Household Size

51

Median Age

13%

College-Educated

79%

High-School Grad

21.2 sq mi

ZIP Area

189

Density / Sq Mi

$45,865

Median Household Income

$40,726

Median Earnings

$646

Median Rent

$116,500

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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Frequently Asked Questions

What type of property is this?

Shopping center - Multiple retail suites available with common-area LED upgrades and convenient parking, supported by strong 2nd Avenue traffic counts.

Where is this shopping center located?

The property is located at 413 S 2nd Ave Mayodan, NC.

What is the lease rate?

The lease rate is $7 SF/Yr.

What are key features of this property?

This property features: Available suites include 21,000 SF (Suite 411), 8,450 SF (Suite 413), and 1,600 SF (Suite 421); Suite 411 is an anchor unit at $7.00/SF NNN and includes 4 loading docks; LED upgrade completed in common areas