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Unanchored Retail Shopping Center
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86-182 Walmart Plaza, Sylva, NC 28779

Fully occupied shopping center with inline retail space benefiting from a Walmart Supercenter shadow anchor.

Property Size23,000 SF
Price / SF$339.13
Days on Market58

Property Features for 86-182 Walmart Plaza

General Information

Standard status Active
Size 23,000 SF
Property subtype Retail
Occupancy 100%

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Year Built 1995
Listing Agency: CBRE Charlotte
Listed By: Erin Varol · License #NC 280805
Source: Crexi
Added: Jun 9 Changed: Jul 10 Last Checked: Aug 5 at 12:59PM

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 Charlotte

Investment Insights

Based on property information with market context.

Sylva Shops is a 23,000 SF, fully occupied unanchored retail shopping center designed to serve everyday consumer needs. The tenant mix is described as necessity-based, supporting daily shopping requirements for Jackson County and the surrounding Western Carolina mountain region. With 100% occupancy in place, the center is presented as an operational retail property positioned for long-term continuity.

The center is shadow-anchored by a high-volume Walmart Supercenter. The property also has immediate access to the area’s dominant retail corridor along NC Highway 107, supporting convenient drive-by access for regional shoppers. Sylva is identified as the commercial and civic hub of Jackson County.

For buyers and investors seeking a stable retail asset, Sylva Shops offers an in-place, fully occupied configuration within an established retail environment. Its unanchored layout provides inline retail space within a center setting, while the proximity to the Walmart Supercenter is positioned to support ongoing customer traffic to the surrounding retail mix.

Key Highlights

  • 23,000 SF fully occupied unanchored shopping center (Sylva Shops) built in 1995
  • Inline retail center with 100% occupancy and in‑place tenant roster
  • Shadow‑anchored by a high‑volume Walmart Supercenter (2.3M annual visits)

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Building Supply Real Estate Agency HVAC Service Electrical Service Big Box & Wholesale Store 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

100%
Occupancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

197
Businesses Nearby
172k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Superstores 46% Dining 38% Shops & Services 7% Beauty & Spa 4%
Walmart Superstores
79,386 visits/mo 0.1 miles
Cook Out Dining
21,595 visits/mo 0.2 miles
SONIC Drive In Dining
17,957 visits/mo 0.1 miles
Starbucks Dining
16,068 visits/mo 0.1 miles
Jersey Mike's Subs Dining
10,387 visits/mo 0.1 miles

Demographics for 28779, NC

16,586
Population
9,551
Households
1.7
Avg Household Size
43
Median Age
28%
College-Educated
93%
High-School Grad
108.0 sq mi
ZIP Area
154
Density / Sq Mi
$54,407
Median Household Income
$35,261
Median Earnings
$803
Median Rent
$234,200
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?
Shopping center - Fully occupied shopping center with inline retail space benefiting from a Walmart Supercenter shadow anchor.
Where is this shopping center located?
The property is located at 86-182 Walmart Plaza Sylva, NC.
What is the asking price?
The asking price for this property is $7,800,000.
What are key features of this property?
This property features: 23,000 SF fully occupied unanchored shopping center (Sylva Shops) built in 1995; Inline retail center with 100% occupancy and in‑place tenant roster; Shadow‑anchored by a high‑volume Walmart Supercenter (2.3M annual visits)
More about this property
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