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    313 Salisbury Ave Spencer, NC 28159

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    For Lease
    Contact for pricing

    High-traffic retail space in Spencer, NC

    Lot size:
    47,874 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Spencer Marketplace, located at 313 Salisbury Ave, Spencer, NC 28159, presents a prime retail leasing opportunity. This multi-tenant retail center boasts a total of 47,874 square feet, with 1,800 square feet currently vacant. Strategically situated in Rowan County, the property enjoys excellent visibility and accessibility. Its prime location offers full traffic access from North Salisbury Street and is conveniently located just a quarter-mile north of the North Carolina Transportation Museum, ensuring high foot traffic and visibility. The center's proximity to Interstate 85 provides easy access for customers and employees alike. The property is classified as a primary grocery center within the Spencer community, indicating a strong existing customer base and potential for significant growth. The available 1,800 square feet offers a flexible space suitable for a variety of retail businesses. The property's address is easily accessible via Jefferson Street, providing multiple points of entry and exit for optimal convenience. This is an exceptional opportunity to establish or expand a retail presence in a thriving North Carolina market. The property's size and location make it an ideal investment for businesses seeking high visibility and convenient access to a substantial customer base.

    Property Features for 313 Salisbury Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    47,874 SF

    Unit(s) available at that property

    Space
    Space 2
    Size
    1,800 SF
    Space
    Space 8
    Size
    8,470 SF

    HighLights

    • 1,800 SF retail space available in a 47,874 SF multi‑tenant center in Spencer, NC.
    • High visibility location at 313 Salisbury Ave, with easy access from North Salisbury Street and Jefferson Street.
    • Located near I‑85 and the North Carolina Transportation Museum, ensuring high traffic counts.
    • Anchored by a primary grocery store, creating a strong existing customer base.
    • Flexible space suitable for various retail uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Northern Rowan Family ... Medical Laboratory Food Lion Grocery Store

    Suggested Use

    Restaurant Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Clothing Store Nail Salon Hotel & Motel Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Spencer
    County
    Rowan
    State
    North Carolina
    Longitude
    -80.425941717402
    Latitude
    35.69205003523

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail space in Spencer, NC
    Where is this retail property located?
    The property is located at 313 Salisbury Ave Spencer, NC.
    What are key features of this property?
    This property features: 1,800 SF retail space available in a 47,874 SF multi-tenant center in Spencer, NC.; High visibility location at 313 Salisbury Ave, with easy access from North Salisbury Street and Jefferson Street.; Located near I-85 and the North Carolina Transportation Museum, ensuring high traffic counts.
    Request Owner's contact information
    313 Salisbury Ave Spencer, NC 28159
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    Spencer, NC 28159
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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
    313 Salisbury Ave Spencer, NC 28159
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