Property profile

1224 Norwood St Wallace, NC 28466

OFF-MARKET
Retail properties & Spaces
8,050 SF
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional retail space, totaling 8,050 square feet, is available for lease at 1224 N Norwood St, Wallace, NC 28466. Located within the Town And Country Shopping Center, this property offers high visibility and accessibility, situated between two access roads providing excellent frontage to the center and significant road exposure. The space is currently vacant and can be leased as a whole or potentially subdivided, with a minimum leasable area of 3,000 square feet. The landlord is open to build-to-suit (BTS) options for qualified tenants with national or regional credit, provided the build-out doesn't conflict with existing property restrictions. This presents a unique opportunity for businesses seeking a prominent location in a well-established shopping center. The property's location in Wallace, North Carolina, offers access to a strong local market. The flexible lease terms and potential for customization make this an ideal space for a variety of retail uses. Interested parties should inquire about lease rates and specific terms. The property is ready for immediate occupancy. This prime retail location offers an unparalleled opportunity for growth and success.

Property profile

Verified
Property type Retail properties & Spaces
Total area 8,050 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Shopping Center & Mall

Location

1224 Norwood St Wallace, NC 28466
Wallace metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1224 Norwood St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message