716 Cherry St, Kernersville, NC 27284
This exceptional 2,700 square foot retail endcap space is available for lease in a vibrant Kernersville, NC location. Situated as an outparcel to a Lowe's Foods grocery store, this property benefits from significant foot traffic and high visibility. The building offers a total of 5,400 square feet, with 2,700 square feet currently vacant and ready for immediate occupancy. The space includes a patio area, ideal for outdoor seating or display. This prime location boasts excellent proximity to major retailers, including Target, Kohl's, Lowe's Home Improvement, Walmart Supercenter, Harris Teeter, Petco, Food Lion, and CVS. High traffic counts are a key feature, with S Main Street boasting an Annual Average Daily Traffic (AADT) of 23,500 vehicles and Old Winston Road registering 13,000 AADT. This presents a unique opportunity for businesses seeking high visibility and strong consumer traffic in a thriving retail environment. The property is multi-tenant, offering a dynamic and collaborative atmosphere. The available space is perfect for a variety of retail uses, providing ample room for a successful business venture. Don't miss this chance to establish your business in a highly desirable location with exceptional visibility and access to a large customer base.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.