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Property profile & analytics
OFF-MARKET
Neighborhood centers

1619 Morningside Dr Burlington, NC 27217

4,084 SF Built 1945
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Neighborhood centers
Year built 1945
Total area 4,084 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
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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