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NNN Property with Two Tenants
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825 Blowing Rock Blvd, Lenoir, NC 28645

Fully leased retail asset with established AT&T and FastMed Urgent Care occupants.

Property Size4,800 SF
Price / SF$461.88
Days on Market145

Property Features for 825 Blowing Rock Blvd

General Information

Standard status Active
Size 4,800 SF
Property subtype Retail
Occupancy 100%
Lease Type NN
Investment Type Net Lease
Net Operating Income $149,720

Additional Details

Traffic Count 28,500 vehicles/day

Building Details

Year Built 2009
Units 2
Tenancy Multi
Listing Agency: Northmarq
Listed By: Ani Paulson · License #351488
Source: Crexi
Added: Apr 9 Changed: Aug 30 Last Checked: Aug 30 at 3:11PM

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 Northmarq

Investment Insights

Based on property information with market context.

North Hill Plaza is a 4,800-square-foot commercial property completed in 2009 and occupied by AT&T and FastMed Urgent Care. The tenants operate under Modified NNN leases that include annual escalations, with limited landlord responsibilities and approximately 3.9 years of WALT. AT&T has exercised its first renewal option, while both occupants have operated at the property for more than 10 years.

The property is positioned at 825 Blowing Rock Blvd in Lenoir, North Carolina, with reported exposure to more than 28,500 vehicles per day. It serves as an outparcel to a center anchored by Planet Fitness and Dunham’s Sports, which records nearly 1 million annual visits. A neighboring center is anchored by a Walmart Supercenter. The offering includes the fee simple interest in the property.

Key Highlights

  • 4,800‑square‑foot property built in 2009
  • Fully occupied by AT&T and FastMed Urgent Care
  • Modified NNN leases with annual escalations and limited landlord responsibilities

Property Analytics

Current Use

Alltel Wireless Mobile Phone Store AT&T Store Mobile Phone Store FastMed Urgent Care Medical Clinic Clinics at FastMed Urgent ... Medical Clinic AT&T - Internet Service ... Telecommunications Service

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Building Supply Storage Facility Kitchen & Bath Showroom Electrical Service

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

28,500 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

318
Businesses Nearby

Demographics for 28645, NC

46,004
Population
21,558
Households
2.1
Avg Household Size
45
Median Age
17%
College-Educated
82%
High-School Grad
329.1 sq mi
ZIP Area
140
Density / Sq Mi
$50,529
Median Household Income
$34,526
Median Earnings
$726
Median Rent
$157,800
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?
NNN property - Fully leased retail asset with established AT&T and FastMed Urgent Care occupants.
Where is this nnn property located?
The property is located at 825 Blowing Rock Blvd Lenoir, NC.
What is the asking price?
The asking price for this property is $2,217,000.
What are key features of this property?
This property features: 4,800‑square‑foot property built in 2009; Fully occupied by AT&T and FastMed Urgent Care; Modified NNN leases with annual escalations and limited landlord responsibilities
More about this property
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