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    715 Independence Blvd Mount Airy, NC 27030

    Sponsored
    For Lease
    Contact for pricing

    High-traffic retail space in NC.

    Lot size:
    117,376 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    New Market Crossing, located at 715 W Independence Blvd, Mount Airy, NC 27030, presents a prime retail investment opportunity. This vibrant shopping center, totaling 117,376 square feet, is situated at the busy intersection of W. Independence Blvd. and W. Pine Street, in the heart of Mount Airy. The center underwent a significant renovation in 2018 and boasts a strong tenant mix, including a Lowe's Foods grocery store as an anchor tenant, along with Roses, Workout Anytime, and OneMain Financial. Available spaces range from 1 square foot to 54,383 square feet, providing flexibility for various retail concepts. The center's strategic location and impressive visit frequency of 7.91 demonstrate its high traffic and strong customer base. This property offers a compelling opportunity for investors seeking a well-established retail center in a thriving North Carolina community. The property is located in Surry County and offers multiple tenancy options. This is an excellent opportunity to acquire a retail space in a high-traffic area with established anchor tenants. The center's recent renovation ensures modern facilities and attractive aesthetics for tenants and customers alike. The diverse range of existing tenants creates a synergistic environment, attracting a broad customer base.

    Property Features for 715 Independence Blvd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    117,376 SF

    Unit(s) available at that property

    Space
    CONTACT US FOR MORE INFORMATION
    Size
    54,383 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Primo Water Exchange Bottled Water Supplier Lowes Foods Grocery Store Redbox Movie Rental Kiosk Western Union Money Transfer Service

    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
    Mount Airy
    County
    Surry
    State
    North Carolina
    Longitude
    -80.6179483
    Latitude
    36.4992621

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    Nearby Similar for Lease

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      207,542 SF

      Mayberry Mall: Retail Investment Opportunity

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail space in NC.
    Where is this retail property located?
    The property is located at 715 Independence Blvd Mount Airy, NC.
    Request Owner's contact information
    715 Independence Blvd Mount Airy, NC 27030
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    Mount Airy, NC 27030
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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
    715 Independence Blvd Mount Airy, NC 27030
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