1619 Morningside Dr Burlington, NC 27217
This exceptional retail opportunity presents a 4,084 square foot strip center located at 1619 Morningside Dr, Burlington, NC 27217, in Alamance County. Built in 1945, the property sits on a generous 8,241 square foot lot. Currently, there is 1,746 square feet of vacant space available for lease, ideal for a variety of retail uses. The existing tenancy is multi-tenant, indicating a strong potential for synergy and foot traffic. The property's location in Burlington, North Carolina offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking a well-established retail presence. The property is being offered for sale, presenting a unique investment opportunity in a thriving market. The substantial vacant space provides a blank canvas for a new tenant to customize and establish their business. This is a chance to acquire a well-situated retail property with significant potential for growth and return on investment. The property's history and established location provide a solid foundation for future success. Serious inquiries are encouraged to explore this promising investment opportunity further. Detailed property information and financial documents are available upon request.
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.