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    19 Plaza Pkwy Lexington, NC 27292

    Sponsored
    For Lease
    Contact for pricing

    Prime Lexington, NC retail space available.

    Lot size:
    270,650 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Lexington Parkway Plaza, a prominent power center in Davidson County, North Carolina, presents a significant retail opportunity. This single-story, 270,650 square foot shopping center boasts 22 suites and is strategically located at the intersection of I-85 and Highway 8/Cotton Grove Road, offering exceptional regional accessibility. The property features a signalized intersection and over 2,200 square feet of high-visibility frontage along the interstate. Currently, 7,175 square feet of retail space is available, with a minimum divisible space of 3,175 square feet and a maximum contiguous space of 4,000 square feet. The center sits on a 3.8-acre lot, providing ample parking and convenient access for customers. This is the largest shopping center in Davidson County, making it an ideal location for businesses seeking high traffic and strong visibility. The property does not include elevators. This is a rare opportunity to secure prime retail space in a thriving market. Inquire today for more details and leasing options.

    Property Features for 19 Plaza Pkwy

    General Information

    Property type
    Power centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    270,650 SF

    Building Details

    Stories
    1

    Unit(s) available at that property

    Space
    Suite 45
    Size
    4,000 SF
    Space
    Future Outparcel Development
    Size
    165,528 SF

    HighLights

    • 270,650 SF regional power center.
    • Up to 4,000 SF of inline retail space available.
    • Lexington Parkway Plaza is Davidson County's largest shopping center.
    • Located at I‑85 and Hwy 8/Cotton Grove Rd, the area's main retail corridor.
    • Major tenants include Belk, Gabe's, Planet Fitness, Ollie's, Dollar Tree, and Tractor Supply.
    • 3.8‑acre site with potential for new retail development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lexington Parkway Plaza Shopping Mall Sweet Frog Lexington, ... Frozen Yogurt Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Davidson
    State
    North Carolina
    Longitude
    -80.257406896258
    Latitude
    35.783268203233

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    FAQs

    What type of property is this?
    Power center - Prime Lexington, NC retail space available.
    Where is this power center located?
    The property is located at 19 Plaza Pkwy Lexington, NC.
    What are key features of this property?
    This property features: 270,650 SF regional power center.; Up to 4,000 SF of inline retail space available.; Lexington Parkway Plaza is Davidson County's largest shopping center.
    Request Owner's contact information
    19 Plaza Pkwy Lexington, NC 27292
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    Lexington, NC 27292
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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
    19 Plaza Pkwy Lexington, NC 27292
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