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    1206 Rockingham Rd Rockingham, NC 28379

    For Lease
    Contact for pricing

    High-performing strip center, space available

    Lot size:
    57,806 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 57,806 square foot retail strip center, built in 1983, presents a compelling investment opportunity in Rockingham, North Carolina. The property boasts a single, one-story building situated in Richmond County and features multiple tenancies. Currently, there is space available ranging from 8,180 to 22,298 square feet, ideal for a variety of retail businesses. The center benefits from a strong anchor tenant: a Tractor Supply store ranking in the top 15% nationwide. This prime location enjoys proximity to major national retailers including Belk, Lowe's, Walmart Supercenter, Roses, Bealls, Hibbett Sports, Dunham's Sports, and Harbor Freight Tools. Rockingham's economy is robust, driven by manufacturing, retail trade, and healthcare. The city is experiencing significant revitalization through the "Shaping Our Future: 2023" ten-year plan, attracting new businesses to the downtown area. Further bolstering the area's appeal, Rockingham Speedway will host NASCAR's Xfinity and Craftsman Truck Series beginning in 2025. This revitalized downtown and the return of NASCAR present a unique opportunity for significant growth and increased foot traffic, making this retail center an attractive investment prospect with strong potential for future returns.

    Property Features for 1206 Rockingham Rd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    57,806 SF

    Building Details

    Year Built
    1983
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 1206-C
    Size
    22,298 SF

    HighLights

    • 57,806 SF retail strip center in Richmond County.
    • Single‑story building, constructed in 1983.
    • Multiple tenancies available, with spaces ranging from 8,180 SF to 22,298 SF.
    • Anchored by a top‑performing Tractor Supply store.
    • Located near national retailers including Belk, Lowe's, Walmart, and others.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Rockingham
    County
    Richmond
    State
    North Carolina
    Longitude
    -79.7511262
    Latitude
    34.9261511

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    Nearby Similar for Lease

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      Rockingham Retail Space For Rent

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      708 E Hwy 74 Ave E, Rockingham, NC 28379
      View Details
    • $1,500 /Mo

      Furnished Lakefront Condo for Rent

      Furnished first-floor condo with lake views and private sunroom.
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    FAQs

    What type of property is this?
    Neighborhood center - High-performing strip center, space available
    Where is this neighborhood center located?
    The property is located at 1206 Rockingham Rd Rockingham, NC.
    What are key features of this property?
    This property features: 57,806 SF retail strip center in Richmond County.; Single-story building, constructed in 1983.; Multiple tenancies available, with spaces ranging from 8,180 SF to 22,298 SF.
    Request Owner's contact information
    1206 Rockingham Rd Rockingham, NC 28379
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    Rockingham, NC 28379
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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
    1206 Rockingham Rd Rockingham, NC 28379
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