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    1405 Andrews Ave Henderson, NC 27536

    Sponsored
    For Lease
    Contact for pricing

    Henderson, NC retail center with high traffic.

    Lot size:
    50,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Cardinal Plaza, located at 1405 E Andrews Ave in Henderson, NC (Vance County, zip code 27536), offers exceptional retail space in a thriving location. This multi-tenant property totals 50,000 square feet and currently has available spaces ranging from 1,500 to 33,000 square feet, perfect for a variety of retail businesses. The center enjoys a prime location in eastern North Carolina, just 40 miles northeast of Raleigh and 16 miles from the Virginia-North Carolina border, ensuring excellent accessibility for customers. Cardinal Plaza benefits from strong anchor tenants including Food Lion, Subway, and State Farm, attracting a significant volume of shoppers. The property boasts impressive customer loyalty, with a remarkable 7.91 visits per person, indicating a high level of repeat business and strong community engagement. This makes Cardinal Plaza an attractive investment opportunity for businesses seeking high visibility and a proven track record of success in a densely populated area. The property's strategic location and established tenant base provide a solid foundation for future growth and profitability. Contact us today to learn more about the available spaces and explore the potential of this exceptional retail center.

    Property Features for 1405 Andrews Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    50,000 SF

    Unit(s) available at that property

    Space
    CONTACT US FOR MORE INFORMATION
    Size
    33,000 SF

    HighLights

    • 50,000 square feet multi‑tenant retail center in Henderson, NC.
    • Available spaces range from 1,500 to 33,000 square feet.
    • Prime location in eastern North Carolina, 40 miles northeast of Raleigh.
    • Strong anchor tenants include Food Lion, Subway, and State Farm.
    • High customer traffic with 7.91 visits per person.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Henderson
    County
    Vance
    State
    North Carolina
    Longitude
    -78.3825654
    Latitude
    36.3188977

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    Nearby Similar for Lease

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      Retail space available in Food Lion anchored shopping center.
      1600 N Garnett St, Henderson, NC 27536
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      2,027 SF

      Retail Space in Henderson, NC

      Retail space available in Food Lion anchored shopping center.
      1600 N Garnett St, Henderson, NC 27536
      View Details
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      7,244 SF

      Retail Space Near I-85

      Retail space for lease in Henderson, North Carolina.
      1600 N Garnett St, Henderson, NC 27536
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    • Contact for pricing

      Retail Space in Henderson, NC

      Fully leased retail property in a major shopping corridor.
      159 North Cooper Dr, Henderson, NC 27536
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    FAQs

    What type of property is this?
    Retail property - Henderson, NC retail center with high traffic.
    Where is this retail property located?
    The property is located at 1405 Andrews Ave Henderson, NC.
    What are key features of this property?
    This property features: 50,000 square feet multi-tenant retail center in Henderson, NC.; Available spaces range from 1,500 to 33,000 square feet.; Prime location in eastern North Carolina, 40 miles northeast of Raleigh.
    Request Owner's contact information
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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
    1405 Andrews Ave Henderson, NC 27536
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