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    2900 Arendell St Morehead City, NC 28557

    Sponsored
    For Lease
    $15 SF/Yr

    Prime retail space, 8,325 sq ft, available now.

    Lot size:
    8,325 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail opportunity is located at 2900 Arendell St, Morehead City, NC 28557, in Carteret County. The property, known as Morehead Plaza, offers a total of 8,325 square feet of immediately available space, perfect for a variety of retail uses. This space can be leased as a single unit or divided into two smaller spaces, approximately 2,400 square feet and 5,925 square feet, providing flexibility for different business needs. The maximum contiguous space available is 10,625 square feet, indicating potential for expansion or future tenant growth within the center. The property is classified as a shopping center with multiple tenancy. The lease rate is $15.00 per square foot gross. This high-traffic location in Morehead City presents a unique chance to establish or expand a retail business in a thriving community. The property's convenient location and ample space make it an ideal investment for businesses seeking a prominent presence in the Carteret County market. Don't miss this chance to secure a prime retail location in a desirable area.

    Property Features for 2900 Arendell St

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,325 SF

    Unit(s) available at that property

    Space
    Size
    8,325 SF
    Rate per SF
    $15
    Property Profile Location Intelligence

    Current Use by Public Records

    The Carolina Strut Performing ... Dance School Jake's Men'S Clothing Store MOMENTUM yoga & wellness Yoga Studio Ellen Dauksys LLC Massage Therapist Crystal Coast All-Stars Clothing Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Morehead City
    County
    Carteret
    State
    North Carolina
    Longitude
    -76.743240075296
    Latitude
    34.724940148997

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    FAQs

    What type of property is this?
    Lifestyle center - Prime retail space, 8,325 sq ft, available now.
    Where is this lifestyle center located?
    The property is located at 2900 Arendell St Morehead City, NC.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    Request Owner's contact information
    2900 Arendell St Morehead City, NC 28557
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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
    2900 Arendell St Morehead City, NC 28557
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