103 Tanglewood Pkwy Elizabeth City, NC 27909
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.
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Walmart Deli Food Market Restaurant
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Sundays Blue Box Tanning Salon
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The Athlete's Foot Clothing & Fashion Store (Bike/Boat/Book/etc) Store
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GameStop Arcade & Gaming Center Electronics & Wireless Store
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252 Tobacco & Vapes (Bike/Boat/Book/etc) Store
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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