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    980 Main St Lexington, NC 27292

    Sponsored
    For Lease
    Contact for pricing

    High-visibility retail space available

    Lot size:
    12,511 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Lexington, NC retail strip center at 980 S Main St offers 12,511 square feet of space, with 8,274 square feet currently vacant. The property features a flexible layout, allowing for units ranging from 1,437 to 5,375 contiguous square feet, perfect for a variety of retail businesses. Its prime location provides high visibility and accessibility, attracting significant foot traffic. The property boasts ample parking with 61 spaces available for customers and employees, ensuring convenience and ease of access. The well-maintained exterior and modern amenities create an inviting atmosphere for both tenants and customers. Situated on a 0.54-acre lot in a bustling commercial district, this property presents a unique opportunity for businesses seeking a thriving location in the heart of Lexington. The property's spacious interior is designed to optimize customer flow and create a positive shopping experience. This is an ideal location for businesses looking to establish a strong presence in a high-traffic area. The flexible space allows for customization to meet the specific needs of various retail concepts. Don't miss this chance to secure a prime retail space in a vibrant and growing community.

    Property Features for 980 Main St

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,511 SF

    Unit(s) available at that property

    Space
    Suite B
    Size
    5,375 SF
    Space
    Suite D
    Size
    2,897 SF

    HighLights

    • 12,511 SF retail strip center in Lexington, NC with 8,274 SF currently vacant.
    • Flexible floorplans ranging from 1,437 SF to 5,375 SF contiguous.
    • High‑visibility location with ample parking (61 spaces) in a bustling commercial district.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Davidson
    State
    North Carolina
    Longitude
    -80.2644958
    Latitude
    35.8148714

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    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Neighborhood center - High-visibility retail space available
    Where is this neighborhood center located?
    The property is located at 980 Main St Lexington, NC.
    What are key features of this property?
    This property features: 12,511 SF retail strip center in Lexington, NC with 8,274 SF currently vacant.; Flexible floorplans ranging from 1,437 SF to 5,375 SF contiguous.; High-visibility location with ample parking (61 spaces) in a bustling commercial district.
    Request Owner's contact information
    980 Main St Lexington, NC 27292
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    Lexington, NC 27292
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    980 Main St Lexington, NC 27292
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