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    Main St Kernersville, NC 27284

    Sponsored
    For Lease
    $26 SF/Yr

    Prime Retail Space Available Now

    Lot size:
    13,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This newly constructed and completely remodeled 13,000 square foot retail strip center offers two available spaces, ranging from 1,020 to 1,285 contiguous square feet. A total of 2,300 square feet is currently vacant, providing excellent opportunities for businesses seeking high-visibility locations. The property boasts exceptional visibility with frontage on all sides, ensuring maximum exposure to the high daily traffic count of 30,000 vehicles. Located on South Main Street and near Old Winston Road, this center benefits from a strong demographic profile. Within a 3-mile radius, the population exceeds 33,865, and within 5 miles, it surpasses 62,960, with average household incomes of $76,036 and $79,117 respectively. The property consists of a single, one-story building, offering convenient access and ample space. Tenant improvement allowances are negotiable. This is an exceptional opportunity to establish or expand your business in a thriving retail environment.

    Property Features for 0 Main St

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    13,000 SF
    Total Rate
    28166.67

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    805 - Old Winston Road
    Size
    1,285 SF
    Rate per SF
    $26
    Space
    807 - Old Winston Road
    Size
    1,020 SF
    Rate per SF
    $26

    HighLights

    • 13,000 SF retail strip center with 2,300 SF available for lease.
    • Newly constructed and completely remodeled.
    • High daily traffic count of 30,000 vehicles.
    • Strong demographics: 33,865 residents within 3 miles, average income $76,036; 62,960 residents within 5 miles, average income $79,117.
    • Tenant improvement allowance negotiable.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hallah I. Akhtar, ... Pharmacy Kyles Coffee Coffee Shop The UPS Store Shipping And Mailing Service Walmart Bakery Cake Shop N.C.D.M.V Driver's License Driver'S License Office

    Map

    City
    Kernersville
    County
    Forsyth
    State
    North Carolina
    Longitude
    -80.087354
    Latitude
    36.1118051

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    FAQs

    What type of property is this?
    Neighborhood center - Prime Retail Space Available Now
    Where is this neighborhood center located?
    The property is located at Main St Kernersville, NC.
    What is the lease rate?
    The lease rate is $26 SF/Yr.
    What are key features of this property?
    This property features: 13,000 SF retail strip center with 2,300 SF available for lease.; Newly constructed and completely remodeled.; High daily traffic count of 30,000 vehicles.
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    Main St Kernersville, NC 27284
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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
    Main St Kernersville, NC 27284
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