Building Details

Building Size 47,874 SF

Tenancy Multiple

Spaces For Lease

at 313 Salisbury Ave Contact us

Space 2

Size

1,800 SF

Type

Retail

Lease Type

NNN

Availability

Active

Contact us

Listing Agency: The Providence Group

Listed By: Eric Howell · License #NC, SC

Source: Crexi

Added: Aug 6, 2024 Changed: Aug 31 Last Checked: Sep 1 at 12:16PM

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Investment Insights

Based on property information with market context.

This commercial property is a primary grocery center located in Spencer, North Carolina. It features full traffic access from North Salisbury Avenue and is situated approximately 1/4 mile north of the North Carolina Transportation Museum. The property offers convenient access to Interstate 85, enhancing its accessibility for customers and deliveries.

Key Highlights

• Primary grocery center
• Full traffic access from N Salisbury St
• Easy access to I‑85

Property Analytics

Property Profile

Current Use

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

Suggested Use

Top Pick Building Supply Dental Office Auto Repair Shop Pharmacy Auto Parts Store Kitchen & Bath Showroom

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

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

193

Businesses Nearby

42k

Monthly Visits Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Groceries 37% Dining 34% Shops & Services 30%

Food Lion Grocery Store Groceries

15,202 visits/mo 0.1 miles

Bojangles' Famous Chicken 'n Biscuits Dining

12,274 visits/mo 0.1 miles

Dollar General Shops & Services

6,000 visits/mo 0.1 miles

BP Shops & Services

5,728 visits/mo 0.5 miles

SUBWAY Dining

1,675 visits/mo 0.1 miles

Demographics for 28159, NC

3,067

Population

1,458

Households

2.1

Avg Household Size

39

Median Age

23%

College-Educated

81%

High-School Grad

2.2 sq mi

ZIP Area

1,394

Density / Sq Mi

$63,396

Median Household Income

$43,302

Median Earnings

$1,042

Median Rent

$160,300

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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this grocery and convenience stores located? What is the lease rate? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Grocery and convenience store - Grocery center with full traffic access and easy highway access.

Where is this grocery and convenience store located?

The property is located at 313 Salisbury Ave Spencer, NC.

What are key features of this property?

This property features: Primary grocery center; Full traffic access from N Salisbury St; Easy access to I‑85