New Market Ctr Boone, NC 28607
- Retail properties
Current Use by Public Records
- Retail properties
Property Details for 0 New Market Ctr
- Property type
- Retail properties
- Property subtype
- Land
Description
This exceptional 0.75-acre retail pad, known as New Market Center, presents a unique investment opportunity in Boone, NC. Situated directly off the recently upgraded Highway 421, this property enjoys unparalleled visibility and accessibility. Its prime location is just one mile from downtown Boone and Appalachian State University, providing access to a substantial student population of over 18,000. The center boasts a robust tenant roster, anchored by a newly renovated Lowes Foods, showcasing their innovative "Home Grown" concept, Regal Cinemas—Boone's only movie theater—and Big Lots, a long-standing tenant of nearly 20 years. This strong tenant mix includes a blend of national and local businesses, ensuring consistent occupancy and revenue streams. The property's excellent location, combined with its established tenant base and high traffic volume, makes it an ideal investment for discerning buyers seeking a stable and profitable retail venture in a thriving college town. The site offers significant potential for growth and expansion within a well-established and successful retail center. This is a rare opportunity to acquire a highly desirable retail property in a rapidly growing market.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Boone
- County
- Watauga
- State
- North Carolina
- Longitude
- -81.6615
- Latitude
- 36.2197
