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Unanchored Retail Strip Center
For Sale
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537 U.S Hwy 70 W, Havelock, NC 28532

Unanchored retail strip center offered for sale on U.S. Hwy 70 W in Havelock, NC.

Property Size21,200 SF
Price / SF$169.81
Days on Market58

Property Features for 537 U.S Hwy 70 W

General Information

Standard status Active
Size 21,200 SF
Class C
Total Parking Spaces 106
Property subtype Retail
Occupancy 92%
Investment Type Value Add
Net Operating Income $251,801

Building Details

Year Built 2008
Tenancy Multi
Listing Agency: Colliers - Charlotte, North Carolina
Listed By: Blanton Hamilton · License #332993
Source: Crexi
Added: Jun 16 Changed: Aug 8 Last Checked: Aug 10 at 10:36AM

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 Colliers - Charlotte, North Carolina

Investment Insights

Based on property information with market context.

This for-sale retail asset is an unanchored strip center featuring multiple retail spaces within a single retail property. As an unanchored configuration, the property is not tied to a specific national or regional anchor tenant, which can be relevant for retailers looking for a more flexible mix of occupants. The overall property size is 21,200 square feet.

The property is located at 537 U.S. Hwy 70 W in Havelock, North Carolina. Its frontage along a U.S. highway supports straightforward vehicular access for customers traveling through the area.

For tenants or investors evaluating retail space, an unanchored strip can offer a practical pathway to lease-up and tenant repositioning based on the specific needs of prospective operators. Retail users that prefer joining a multi-space retail center, rather than locating behind a single anchor draw, may find this configuration aligns well with their operating model. Brokers and buyers may also find the property attractive as a retail platform where leasing and tenant mix can be managed across the existing spaces.

Key Highlights

  • Unanchored retail strip center for sale
  • Built in 2008
  • Offered on U.S. Hwy 70 W in Havelock, NC

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Dental Office Law Firm Real Estate Agency Big Box & Wholesale Store Spa & Massage Center Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

307
Businesses Nearby
18k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 51% Shops & Services 46% Hotels & Casinos 3%
Taco Bell Dining
9,440 visits/mo 0.2 miles
Speedway Shops & Services
7,008 visits/mo 0.1 miles
Carquest Auto Parts Shops & Services
990 visits/mo 0.5 miles
Budget Inn Hotels & Casinos
572 visits/mo 0.5 miles
Enterprise Rent-A-Car Shops & Services
459 visits/mo 0.1 miles

Demographics for 28532, NC

20,340
Population
8,677
Households
2.3
Avg Household Size
33
Median Age
19%
College-Educated
93%
High-School Grad
165.4 sq mi
ZIP Area
123
Density / Sq Mi
$65,772
Median Household Income
$38,839
Median Earnings
$1,270
Median Rent
$193,200
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
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Frequently Asked Questions

What type of property is this?
Strip mall - Unanchored retail strip center offered for sale on U.S. Hwy 70 W in Havelock, NC.
Where is this strip mall located?
The property is located at 537 U.S Hwy 70 W Havelock, NC.
What is the asking price?
The asking price for this property is $3,600,000.
What are key features of this property?
This property features: Unanchored retail strip center for sale; Built in 2008; Offered on U.S. Hwy 70 W in Havelock, NC
(256) 539-1686 Call to check price and availability
More about this property
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