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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

715 Independence Blvd Mount Airy, NC 27030

117,376 SF
Property ID
Property summary
AI-generated overview

New Market Crossing, located at 715 W Independence Blvd, Mount Airy, NC 27030, presents a prime retail investment opportunity. This vibrant shopping center, totaling 117,376 square feet, is situated at the busy intersection of W. Independence Blvd. and W. Pine Street, in the heart of Mount Airy. The center underwent a significant renovation in 2018 and boasts a strong tenant mix, including a Lowe's Foods grocery store as an anchor tenant, along with Roses, Workout Anytime, and OneMain Financial. Available spaces range from 1 square foot to 54,383 square feet, providing flexibility for various retail concepts. The center's strategic location and impressive visit frequency of 7.91 demonstrate its high traffic and strong customer base. This property offers a compelling opportunity for investors seeking a well-established retail center in a thriving North Carolina community. The property is located in Surry County and offers multiple tenancy options. This is an excellent opportunity to acquire a retail space in a high-traffic area with established anchor tenants. The center's recent renovation ensures modern facilities and attractive aesthetics for tenants and customers alike. The diverse range of existing tenants creates a synergistic environment, attracting a broad customer base.

Property profile
Verified
Property type Retail properties & Spaces
Total area 117,376 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Primo Water Exchange Big Box & Wholesale Store
  • Lowes Foods Grocery & Convenience Store Food Market
  • Redbox Cinema (Bike/Boat/Book/etc) Store
  • Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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