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Marion City Square Retail Center
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500 N Main St, Marion, NC 28752

Neighborhood center with retail, restaurant, office, and warehouse spaces.

Space Size1,300 SF - 15,051 SF
Property Size155,156 SF
Days on Market1437

Property Features for 500 N Main St

General Information

Standard status Active
Size 1,300 SF - 15,051 SF
Class A
Property subtype Retail, Office, Restaurant
Lease Type NNN

Building Details

Building Size 155,156 SF
Tenancy Multiple

Spaces For Lease

at 500 N Main St Contact us

Suite 4 (old 40): Restaurant

Size
4,220 SF
Type
Office, Retail
Lease Type
NNN
Availability
Active
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Suite 10 (old 110)

Size
1,300 SF
Type
Office, Retail
Lease Type
NNN
Availability
Active
Contact us

Suite 18 (old 210)

Size
4,070 SF
Type
Office, Retail
Lease Type
NNN
Availability
Active
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Suite 1-B (old 16)

Size
15,051 SF
Type
Office, Retail
Lease Type
NNN
Availability
Active
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Suite 7 (old 80): Turn-key Nail Salon

Size
1,835 SF
Type
Office, Retail
Lease Type
NNN
Availability
Active
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Suite 180

Size
2,800 SF
Type
Office, Retail
Lease Type
NNN
Availability
Active
Contact us

Suite 5 (old 60)

Size
7,600 SF
Type
Office, Restaurant, Retail
Availability
Active
Contact us
Listing Agency: Woodcrest Capital
Listed By: Shelby McMurtrey · License #0000
Source: Crexi
Added: Sep 15, 2022 Changed: Aug 8 Last Checked: Aug 19 at 11:03AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Woodcrest Capital

Investment Insights

Based on property information with market context.

Marion City Square is a neighborhood center with approximately 155,000 square feet. Located near downtown Marion, North Carolina, on US 221 Business, it offers convenient access to I-40, US 221, and NC 226. The property features a mix of local and national tenants, including Ollie’s Bargain Outlet, Hobby Lobby, and Penland’s Furniture. It offers high visibility and a large parking area. The surrounding neighborhood is experiencing rapid growth, presenting opportunities for tenants. Commercial suites are available for rent, suitable for retail storefronts, restaurants, offices, medical facilities, or other professional service providers. Flex units behind the center are suitable for warehouse, storage, or quasi-office uses, but do not have water. The center is the largest in Marion. The owner welcomes first-time and franchise businesses, offering easy-to-read leases and flexible terms. The owner owns and operates various commercial properties, from Class A centers in busy neighborhoods to centers in rural communities. Multiple retail opportunities are available in the immediate area.

Key Highlights

  • Anchored by Ollie’s Bargain Outlet, Hobby Lobby, and Penland’s Furniture.
  • Located in a rapidly growing neighborhood.
  • High visibility and large parking field.

Property Analytics

Current Use

Pro Nails Nail Salon Workout Anytime Marion Gym & Fitness Center Babe's Restaurant Restaurant Sharons Cafe Cafe & Coffee Shop MANPOWER Employment Agency

Suggested Use

Top Pick Electrical Service Real Estate Agency Dental Office Furniture & Home Goods Garden Center Nail Salon

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
$1.05 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,112
Businesses Nearby
60k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Groceries 49% Dining 21% Shops & Services 19% Home Improvements & Furnishings 11%
Harris Teeter Groceries
29,160 visits/mo 0.5 miles
Wendy's Dining
12,568 visits/mo 0.5 miles
Bank of America Shops & Services
4,866 visits/mo 0.5 miles
Marathon Shops & Services
4,304 visits/mo 0.2 miles
Southern States Home Improvements & Furnishings
3,928 visits/mo 0.4 miles

Demographics for 28752, NC

29,669
Population
14,141
Households
2.1
Avg Household Size
43
Median Age
16%
College-Educated
85%
High-School Grad
249.1 sq mi
ZIP Area
119
Density / Sq Mi
$55,036
Median Household Income
$37,382
Median Earnings
$712
Median Rent
$166,100
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
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Neighborhood center with retail, restaurant, office, and warehouse spaces.
Where is this shopping center located?
The property is located at 500 N Main St Marion, NC.
What is the lease rate?
The lease rate is $7 SF/Yr.
What are key features of this property?
This property features: Anchored by Ollie’s Bargain Outlet, Hobby Lobby, and Penland’s Furniture.; Located in a rapidly growing neighborhood.; High visibility and large parking field.
More about this property
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