Building Details

Stories 1

Tenancy Single

Listing Agency: K.A. RICHARDSON COMPANY

Listed By: KENNETH RICHARDSON · License #31888 Show Phone

Source: Myhomesearchtriangle

Added: Sep 20 Changed: Oct 1 Last Checked: Oct 4 at 10:21AM

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Investment Insights

Based on property information with market context.

This 9,275-square-foot, single-story grocery property is occupied by Fresh Foods, an IGA supermarket. A freezer measuring approximately 11.75 feet by 19.42 feet is part of the building, and an existing lease is in place.

At 502 & 506 Union Chapel Rd in Pembroke, the property is approximately 0.4 miles from downtown and 0.8 miles from UNC Pembroke.

Key Highlights

• 9,275‑square‑foot, single‑story grocery property
• Occupied by Fresh Foods, an IGA supermarket
• Freezer measures approximately 11.75 feet by 19.42 feet

Property Analytics

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Current Use

Grocery and convenience stores

Suggested Use

Top Pick Building Supply Electrical Service Storage Facility (Bike/Boat/Book/etc) Store Furniture & Home Goods Garden Center

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

Single-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

322

Businesses Nearby

12k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 61% Groceries 39%

Family Dollar Shops & Services

7,586 visits/mo 0.5 miles

Fresh Foods IGA Groceries

4,844 visits/mo 0.1 miles

Demographics for 28372, NC

13,765

Population

4,652

Households

3

Avg Household Size

30

Median Age

22%

College-Educated

85%

High-School Grad

44.3 sq mi

ZIP Area

311

Density / Sq Mi

$31,860

Median Household Income

$33,845

Median Earnings

$728

Median Rent

$100,900

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 grocery and convenience stores located? What is the asking price? Find similar properties What are key features of this property?

Similar Off Market Nearby

• Piggly Wiggly — 406 E 3rd St, Pembroke, NC 28372
• Fresh Foods IGA — 506 Union Chapel Rd, Pembroke, NC 28375

Frequently Asked Questions

What type of property is this?

Grocery and convenience store - A leased, single-story retail property currently houses an IGA supermarket.

Where is this grocery and convenience store located?

The property is located at 502 & 506 Union Chapel Rd Pembroke, NC.

What is the asking price?

The asking price for this property is $725,000.

What are key features of this property?

This property features: 9,275‑square‑foot, single‑story grocery property; Occupied by Fresh Foods, an IGA supermarket; Freezer measures approximately 11.75 feet by 19.42 feet