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    OFF-MARKET
    Power centers

    400 Henredon Rd, Morganton, NC 28655

    19,150 SF
    Property ID
    Property summary
    AI-generated overview

    Morganton Heights, located at 400 Henredon Rd, Morganton, NC 28655, presents a significant retail opportunity in Burke County. This power center offers 19,150 square feet of commercial space, currently featuring 15,950 square feet of vacant space available for lease. The property is ideally suited for multiple tenants, with spaces ranging from a minimum of 1,200 square feet to a maximum contiguous space of 5,800 square feet. This allows for flexibility in tenant size and business needs. The property's location in Morganton provides excellent visibility and accessibility for customers. The address is strategically situated to benefit from high traffic volume and strong local demographics. Seven individual spaces are currently available, providing a unique opportunity for businesses seeking a prominent location within a thriving commercial area. Interested parties are encouraged to inquire about lease terms and availability for these versatile retail spaces. The property's size and layout make it suitable for a variety of retail uses, offering a chance to establish a strong presence in the Morganton market. This is an exceptional opportunity to secure prime retail space in a desirable location.

    Property profile
    Verified
    Property type Power centers
    Total area 19,150 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
    • Morganton Heights Shopping Center & Mall
    • Murpny & Taylor Construction Co Construction Company
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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