Glenburnie Rd New Bern, NC 28562
- Retail properties
- 300,000 SF
Current Use by Public Records
- Retail properties
Property Details for 0 Glenburnie Rd
- Property size
- 300,000 SF
- Property type
- Retail properties
Description
New Bern Marketplace offers exceptional retail space for lease, ideally situated on Dr. Martin Luther King Blvd & South Glenburnie Rd in Craven County, NC (zip code 28562). This prime location boasts over 26,000 vehicles per day, ensuring high visibility and foot traffic. The property is part of a larger retail center, co-anchored by major retailers such as Harris Teeter, Walmart, and Target, creating a strong synergy and attracting a significant customer base. The area surrounding New Bern Marketplace is affluent, with average annual household incomes exceeding $81,000 within a 5-mile radius. Units are available in sizes ranging from a minimum of 2,356 square feet to a maximum contiguous space of 2,577 square feet, offering flexibility for various retail businesses. The total building size is an impressive 300,000 square feet. The property benefits from its location within a supply-constrained market with high barriers to entry, contributing to exceptionally high retail occupancy rates. Nearby national retailers include ALDI, Publix, Home Goods, Walgreens, and CVS, further enhancing the area's retail appeal and drawing a diverse customer demographic. This presents a unique opportunity for businesses seeking a high-visibility location within a thriving retail environment.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- New Bern
- County
- Craven
- State
- North Carolina
- Longitude
- -77.0988
- Latitude
- 35.0984
