Current Use by Public Records
- Retail properties & Spaces
Property Details for 2725 Northwest Blvd
- Year built
- 1988
- Property type
- Retail properties & Spaces
- Property subtype
- Restaurants
Description
Marketplace Center, a 126,435 square foot retail, office, and restaurant property in Newton, NC, offers exceptional leasing opportunities. Built in 1988 and situated on 15.8 acres, this center boasts a prime location with high visibility and daily traffic exceeding 17,000 vehicles. Multiple spaces are available, ranging from a minimum of 1,400 square feet to a maximum contiguous space of 7,840 square feet, with a total of 15,890 square feet currently vacant. The property features ample parking with 640 spaces and is zoned PD-SC-M. The center is anchored by established national and local tenants, including Big Lots, Burke's Outlet, Rent-A-Center, Papa Johns, and H&R Block, ensuring a strong tenant mix and consistent foot traffic. The surrounding area includes numerous amenities and businesses, such as Sonic Drive-In, Bojangles', Walgreens, Hardee's, and Advance Auto Parts, as well as educational institutions and parks. Its strategic location within the Hickory Metropolitan area provides easy access to major transportation arteries, including Interstate 40, US Highways 321 and 70, and NC Highways 10, 16, and 70. The proximity to Hickory Regional Airport (12 miles) and Charlotte-Douglas International Airport (38 miles) further enhances its accessibility. Newton's diverse industrial base, encompassing sectors like fiber cable, automotive parts, and medical supplies, contributes to a robust local economy. This presents a unique opportunity for businesses seeking high-visibility retail space in a thriving community.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Newton
- County
- Catawba
- State
- North Carolina
- Longitude
- -81.2283
- Latitude
- 35.6923
