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NNN Retail Suite in Corner Location
For Sale
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D-1301 W 14th Ave, Greenville, NC 27834

800 SF retail suite in Suite D with NNN lease structure; tenant handles maintenance and repairs.

Property Size800 SF
Price / SF$1.88
Days on Market198

Property Features for D-1301 W 14th Ave

General Information

Standard status Active
Size 800 SF
Lease Type NNN

Taxes and HOA fees

Annual Taxes $423
Listing Agency: RUSSELL PROPERTY MANAGEMENT LLC
Listed By: ROCKY RUSSELL · License #235131
Source: Exprealty
Added: Apr 17 Changed: Oct 26 Last Checked: Oct 30 at 6:16PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RUSSELL PROPERTY MANAGEMENT LLC

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Available for sale: an 800 SF retail suite in Suite D under an NNN lease structure. The tenant is responsible for all maintenance and repairs, and the offering includes the availability of multi-year lease options.

The suite is located on a corner at 10th St. and 14th Ave in Greenville, NC, providing a storefront location within the retail setting.

The monthly obligations referenced include base rent plus CAM charges, with pricing shown in the listing remarks.

Key Highlights

  • 800 SF retail space available for rent in Suite D
  • NNN lease structure with tenant responsible for all maintenance and repairs
  • Located at the corner of 10th St. and 14th Ave in Greenville

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$6,778
Suggested Prices Based on Cap Rates
Cap Rate 5%
$135,560 $135.6K
Cap Rate 7%
$96,829 $96.8K
Cap Rate 9%
$75,311 $75.3K
Market Conditions
NOI Build-Up for 800 SF
Gross rent
$10.6K $13.20/SF
− Vacancy
−$876 −$1.10/SF
EGI
$9.7K $12.10/SF
− OpEx
−$2.9K −$3.63/SF
NOI
$6.8K $8.47/SF
Area
Pitt County, NC
Vacancy
8.30%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$135,560
Cap Rate 7%
$96,829
Cap Rate 9%
$75,311

Alternative Uses

Best Use
Retail
$96.8K
$84.7K – $113.0K (±1% cap)
NOI $6,778 @ 7.0% cap · market cap 451.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$174.1K
$152.4K – $203.2K (±1% cap)
NOI $12,190 @ 7.0% cap · market cap 812.67%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Kitchen & Bath Showroom Computer & Electronic Repair Carpet & Flooring Store (Bike/Boat/Book/etc) Store Bakery Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

597
Businesses Nearby
44k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 75% Shops & Services 25%
Bojangles' Famous Chicken 'n Biscuits Dining
25,188 visits/mo 0.5 miles
Popeyes Louisiana Kitchen Dining
7,878 visits/mo 0.5 miles
Advance Auto Parts Shops & Services
4,102 visits/mo 0.5 miles
Family Dollar Shops & Services
3,750 visits/mo 0.4 miles
Citgo Shops & Services
1,371 visits/mo 0.4 miles

Demographics for 27834, NC

55,051
Population
27,368
Households
2
Avg Household Size
34
Median Age
28%
College-Educated
88%
High-School Grad
174.3 sq mi
ZIP Area
316
Density / Sq Mi
$48,081
Median Household Income
$36,755
Median Earnings
$941
Median Rent
$161,700
Median Home Value

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

Frequently Asked Questions

What type of property is this?
Retail space - 800 SF retail suite in Suite D with NNN lease structure; tenant handles maintenance and repairs.
Where is this retail space located?
The property is located at D-1301 W 14th Ave Greenville, NC.
What are key features of this property?
This property features: 800 SF retail space available for rent in Suite D; NNN lease structure with tenant responsible for all maintenance and repairs; Located at the corner of 10th St. and 14th Ave in Greenville
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Includes: Price & PSF · Cap rate · Location · Zoning

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