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    OFF-MARKET
    Retail properties & Spaces

    3134 Dr. M.l.k. Jr Blvd, New Bern, NC 28562

    288,808 SF
    Property ID
    Property summary
    AI-generated overview

    The New Bern Mall presents a unique opportunity for businesses seeking high-traffic retail locations. This established commercial property boasts a total of 288,808 square feet and offers multiple tenancy options, making it ideal for a variety of retail concepts. Currently, three spaces are available, ranging in size from 17,000 square feet to a substantial 122,404 square feet, providing flexibility for businesses of all scales. The mall enjoys a highly desirable location in the heart of a thriving retail corridor, strategically positioned directly adjacent to an interstate highway. This prime location ensures exceptional visibility and accessibility for customers. Furthermore, the property benefits from significant frontage along Martin Luther King Jr. Boulevard, a major thoroughfare guaranteeing high pedestrian and vehicular traffic. The property's classification as both "anchor" and "inline" retail space indicates its versatility and potential to attract a diverse range of tenants. This is an exceptional opportunity to establish or expand your business within a well-established and highly visible retail center. The substantial square footage available allows for significant customization and adaptation to suit individual business needs. Interested parties are encouraged to inquire for further details and leasing options.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 288,808 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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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