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    716 Cherry St Kernersville, NC 27284

    For Lease
    Contact for pricing

    High-traffic retail space near Lowe's.

    Lot size:
    5,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 2,700 square foot retail endcap space is available for lease in a vibrant Kernersville, NC location. Situated as an outparcel to a Lowe's Foods grocery store, this property benefits from significant foot traffic and high visibility. The building offers a total of 5,400 square feet, with 2,700 square feet currently vacant and ready for immediate occupancy. The space includes a patio area, ideal for outdoor seating or display. This prime location boasts excellent proximity to major retailers, including Target, Kohl's, Lowe's Home Improvement, Walmart Supercenter, Harris Teeter, Petco, Food Lion, and CVS. High traffic counts are a key feature, with S Main Street boasting an Annual Average Daily Traffic (AADT) of 23,500 vehicles and Old Winston Road registering 13,000 AADT. This presents a unique opportunity for businesses seeking high visibility and strong consumer traffic in a thriving retail environment. The property is multi-tenant, offering a dynamic and collaborative atmosphere. The available space is perfect for a variety of retail uses, providing ample room for a successful business venture. Don't miss this chance to establish your business in a highly desirable location with exceptional visibility and access to a large customer base.

    Property Features for 716 Cherry St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,400 SF

    Unit(s) available at that property

    Space
    Endcap with Patio
    Size
    2,700 SF

    HighLights

    • 5,400 SF retail building with 2,700 SF currently available for lease.
    • 2,700 SF endcap space with patio available.
    • Outparcel to Lowe's Foods in Kernersville, NC.
    • Strong retail co‑tenancy including Target, Kohl's, Lowe's, Walmart, Harris Teeter, Petco, Food Lion, and CVS.
    • High traffic location with 23,500 AADT on S Main St and 13,000 AADT on Old Winston Rd.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Kernersville
    County
    Forsyth
    State
    North Carolina
    Longitude
    -80.088544
    Latitude
    36.114342

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail space near Lowe's.
    Where is this retail property located?
    The property is located at 716 Cherry St Kernersville, NC.
    What are key features of this property?
    This property features: 5,400 SF retail building with 2,700 SF currently available for lease.; 2,700 SF endcap space with patio available.; Outparcel to Lowe's Foods in Kernersville, NC.
    Request Owner's contact information
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    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
    716 Cherry St Kernersville, NC 27284
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