519 MORGAN RD, Eden, NC 27288
For sale net-leased retail storefront with a recently extended lease term.
- Added:
- Jun 11, 2026
- Days on Market:
- 10
- Last Refresh:
- Jun 20 at 2:43 am
Property Features for 519 MORGAN RD
General Information
- Standard status
- Active
- Size
- 10,640 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2010
Listing agent Karly Iacono License #NJ 0345216
Listing office CBRE - Saddle Brook
Listing date Jun 11, 2026
Source Crexi
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 - Saddle Brook
HighLights
- Net‑leased retail storefront for sale
- Year built: 2010
- Recently extended lease term
Overview
The property is located at 519 Morgan Rd in Eden, North Carolina. As presented, there are no additional building or site configuration details included in the materials beyond the property being a retail storefront type.
From an underwriting and fit standpoint, the absolute net structure and the noted lease extension are the primary considerations. This offering may align with buyers seeking a retail investment where the lease has been extended and the operating expense responsibilities are set under an absolute net framework. Prospective buyers and tenant representatives should review the lease documentation and extension terms directly to confirm the schedule, rent structure, and other obligations associated with the absolute net arrangement.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $159.6k | $15.00 |
| − Vacancy | −$10.0k | −$0.94 |
| EGI | $149.6k | $14.06 |
| − OpEx | −$44.9k | −$4.22 |
| NOI | $104.7k | $9.84 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Eden
- County
- Rockingham
- State
- North Carolina
- Longitude
- -79.76096
- Latitude
- 36.515728
