Property profile

2575 Nc Highway 105 Boone, NC 28607

OFF-MARKET
Retail properties & Spaces
55,650 SF
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Property summary

AI-generated overview

Highland Commons, a 55,650 square foot retail center in Boone, NC, offers a prime investment opportunity. Located at 2575 NC Highway 105 S, this all-brick center boasts a highly visible location on Highway 105 South at Poplar Grove Road, benefiting from nearly 30,000 cars passing daily. The property features two suites, with 1,500 square feet currently vacant, providing immediate potential for new tenants. This thriving market area enjoys close proximity to Appalachian State University, a significant draw with approximately 20,000 students. The center is anchored by a well-established Ingles grocery store and Pet Supplies Plus, ensuring consistent foot traffic and strong brand recognition. A significant advantage is the availability of a 0.94-acre outparcel, presenting further development or expansion possibilities. This property is ideal for businesses seeking high visibility and access to a large, established customer base in a rapidly growing area of Watauga County. The property's location and existing anchors make it an attractive option for a variety of retail uses. The vacant space presents a unique opportunity for businesses to establish a presence in this vibrant community.

Property profile

Verified
Property type Retail properties & Spaces
Total area 55,650 SF

Cap rate & NOI

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

Location

2575 Nc Highway 105 Boone, NC 28607
Boone metro
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Value estimations

Realmo proprietary · 4 methods
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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
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