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    406 Church St Kenly, NC 27542

    Sponsored
    For Lease
    Contact for pricing

    Prime Kenly location, multiple tenants.

    Lot size:
    34,829 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional retail property, known as Kenly Square, is situated on a 3-acre lot at 406 S. Church Street in Kenly, North Carolina, zip code 27542. The property boasts a total building size of 34,829 square feet, currently featuring multiple tenants. A significant opportunity exists with 3,810 square feet of vacant space available for lease, ideal for expansion or new businesses seeking a prominent location in Kenly County. The building underwent renovations in 2019, ensuring modern amenities and a well-maintained structure. The property's classification is retail commercial, offering a versatile space suitable for a variety of businesses. Its convenient location on S. Church Street provides excellent visibility and accessibility for customers. The property's size and layout make it an attractive option for businesses seeking a substantial presence in a thriving community. This outparcel presents a unique opportunity to establish or expand a business in a prime retail location within Kenly Square. The property is categorized as multi-tenant, offering flexibility for various business models. Interested parties are encouraged to inquire about lease terms and availability for the vacant space. The property's recent renovations contribute to its modern appeal and functionality.

    Property Features for 406 Church St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    34,829 SF

    Building Details

    Year Renovated
    2019

    Unit(s) available at that property

    Space
    Pad
    Size
    130,680 SF

    HighLights

    • ±3‑acre outparcel available for hotel, automotive, or retail development.
    • Retail space is 100% leased.
    • Food Lion underwent a major remodel in 2019.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Kenly
    County
    Kenly
    State
    North Carolina
    Longitude
    -78.132168
    Latitude
    35.5917739

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    FAQs

    What type of property is this?
    Retail property - Prime Kenly location, multiple tenants.
    Where is this retail property located?
    The property is located at 406 Church St Kenly, NC.
    What are key features of this property?
    This property features: ±3-acre outparcel available for hotel, automotive, or retail development.; Retail space is 100% leased.; Food Lion underwent a major remodel in 2019.
    Request Owner's contact information
    406 Church St Kenly, NC 27542
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    Kenly, NC 27542
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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
    406 Church St Kenly, NC 27542
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