Listing Agency: Colliers | Norfolk Show Phone

Listed By: Ned Brooks · License #0225113184 Show Phone

Source: Moodyscre

Added: Jan 18, 2024 Changed: Jul 6 Last Checked: Jul 21 at 5:37AM

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Investment Insights

Based on property information with market context.

This retail space is located on Route 168/Caratoke Highway at Baxter Lane in Moyock, NC. The property is situated in a strip center adjacent to Starbucks and a new 7-Eleven. The location benefits from both local and tourist traffic heading to and from the Outer Banks, as well as commuter traffic facilitated by the Great Bridge Bypass. The corridor within a 3-mile stretch includes Food Lion, Taylor’s Do It Center, TowneBank, Hardees, Wendy’s, Sonic, Navy Federal Credit Union, Burger King, Dollar Tree, Advance Auto, Border Station, Southland, ABC Store, Dollar General, Care-a-Lot Pet Supplies, Atlantic Union Bank, ABNB Credit Union, Dunkin' Donuts, Little Ceasars, and Great Clips.

Key Highlights

• Adjacent to Starbucks and new 7‑Eleven
• Located on Route 168/Caratoke Highway with high traffic volume
• Benefits from tourist traffic to and from the Outer Banks

Property Analytics

Property Profile

Current Use

Strip malls

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

130

Businesses Nearby

32k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 63% Dining 37%

7-Eleven Shops & Services

19,054 visits/mo 0.1 miles

Dunkin' Donuts Dining

11,511 visits/mo 0.4 miles

FedEx Office Print & Ship Center Shops & Services

951 visits/mo 0.2 miles

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

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Frequently Asked Questions

What type of property is this?

Strip mall - Retail space for lease near high-traffic highway and popular businesses.

Where is this strip mall located?

The property is located at Caratoke Hwy Moyock, NC.

What are key features of this property?

This property features: Adjacent to Starbucks and new 7‑Eleven; Located on Route 168/Caratoke Highway with **high traffic volume**; Benefits from tourist traffic to and from the Outer Banks