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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

103 Tanglewood Pkwy Elizabeth City, NC 27909

34,300 SF Built 2006
Property ID
Property summary
AI-generated overview

This exceptional 4,000 square foot retail space is located within the Shoppes at Tanglewood in Elizabeth City, North Carolina. The property is part of a thriving retail center shadow-anchored by a high-traffic Walmart Supercenter, attracting approximately 3.1 million visitors annually. This end-cap unit boasts oversized windows, providing ample natural light and excellent visibility. The space is immediately available and offers a fantastic opportunity for a variety of retail or restaurant uses. The center features a diverse mix of national and local tenants, including GameStop, Jersey Mike's Subs, The Athlete's Foot, Sally Beauty, Hair Cuttery, Sundays Tanning Salon, and Dental Transformations, creating a strong synergy and high foot traffic. The location benefits from its proximity to a new residential community encompassing 425 residential lots and a separate multifamily development currently under construction, ensuring a growing customer base. Furthermore, Sentara's new hospital and medical office campus, with its 80,000 square foot, 100% occupied medical office building, is conveniently located less than half a mile away, providing additional accessibility and a significant population of potential customers. The entire shopping center encompasses 34,300 square feet and offers 148 parking spaces for ample customer convenience. This property presents a rare opportunity to establish a business in a high-demand location with strong existing tenants and a rapidly expanding residential and medical community.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2006
Total area 34,300 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
  • Walmart Deli Food Market Restaurant
  • Sundays Blue Box Tanning Salon
  • The Athlete's Foot Clothing & Fashion Store (Bike/Boat/Book/etc) Store
  • GameStop Arcade & Gaming Center Electronics & Wireless Store
  • 252 Tobacco & Vapes (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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