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    Hl Plz Shopping Ctr Lenoir, NC 28645

    Sponsored
    For Lease
    Contact for pricing

    Lenoir, NC Strip Center - Fully Vacant

    Lot size:
    30,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    North Hill Plaza Shopping Center presents a unique investment opportunity in Lenoir, North Carolina. This 30,000 square foot retail strip center is currently 100% vacant, offering significant potential for redevelopment or lease-up. Located in Caldwell County, the property boasts a prime location with high visibility and accessibility. The center is comprised of multiple spaces, with two immediately available units ranging in size from 5,000 to 14,480 square feet, providing flexibility for various retail concepts. This allows for the possibility of attracting a diverse range of tenants and creating a vibrant shopping destination. The substantial vacant space presents a blank canvas for a new owner or operator to customize the center to their vision. The property's address is North Hill Plaza Shopping Center, Lenoir, NC 28645. Given its size and location, this property is well-suited for a variety of retail uses and represents a compelling opportunity for investors seeking a significant presence in the Lenoir market. The entire center is available for lease or purchase, offering a rare chance to acquire a substantial retail property in a growing area. The property's location offers excellent visibility and accessibility, making it an attractive option for businesses seeking a strong foothold in the community.

    Property Features for 0 Hl Plz Shopping Ctr

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    30,000 SF

    Unit(s) available at that property

    Space
    C4
    Size
    14,480 SF
    Space
    B6
    Size
    5,000 SF

    HighLights

    • 30,000 square foot retail strip center in Lenoir, NC, currently 100% vacant, offering redevelopment or lease‑up potential.
    • Prime location with high visibility and accessibility off Hwy. 321, boasting up to 29,500 cars per day.
    • Strong surrounding demographics: 76,058 estimated population and $62,535 average household income in the primary trade area.
    • Adjacent to a 45,000 sq ft entertainment center drawing customers from over 20 miles, and benefits from the presence of a new Google data facility.
    • Two available units (5,000 - 14,480 sq ft) offer flexibility for various retail concepts, drawing from a regional trade area including Hickory, Boone, Morganton, and Wilkesboro.
    • Located near popular retailers such as Big Lots, CVS, Dunham's Sports, Shoe Show, and Cato.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Map

    City
    Lenoir
    County
    Caldwell
    State
    North Carolina
    Longitude
    -81.52824369
    Latitude
    35.92587754

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    Nearby Similar for Lease

    • $5,056 /Mo
      6,200 SF

      Industrial Building with Spray Booth

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      2308 Icenhour Ct, Lenoir, NC 28645
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      Lenoir Retail Center - 9,425 SF

      Prime Lenoir retail space, fully vacant, 6.39 acres.
      2120 Morganton Blvd, Lenoir, NC 28645
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    • $27,060,000
      179,760 SF

      Lenoir Warehouse Space Available

      Warehouse space in Lenoir, NC, with new roof.
      840 Complex Pl, Lenoir, NC 28645
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      17,328 SF

      Lenoir Retail Space - 1,325 SF

      Prime Lenoir retail space, strong co-tenancy.
      1009 Blowing Rock Blvd, Lenoir, NC 28645
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    • $1,800 /Mo
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      Versatile Church or Retail Space

      4,000 SF church or retail/office space for lease.
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      Medical Office Building For Lease

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    FAQs

    What type of property is this?
    Neighborhood center - Lenoir, NC Strip Center - Fully Vacant
    Where is this neighborhood center located?
    The property is located at Hl Plz Shopping Ctr Lenoir, NC.
    What are key features of this property?
    This property features: 30,000 square foot retail strip center in Lenoir, NC, currently 100% vacant, offering redevelopment or lease-up potential.; Prime location with high visibility and accessibility off Hwy. 321, boasting up to 29,500 cars per day.; Strong surrounding demographics: 76,058 estimated population and $62,535 average household income in the primary trade area.
    Request Owner's contact information
    Hl Plz Shopping Ctr Lenoir, NC 28645
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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
    Hl Plz Shopping Ctr Lenoir, NC 28645
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