Property summary
This 66,000 square foot, single-story Wallace, NC shopping center offers flexible spaces ranging from 1,500 to 66,000 contiguous square feet, perfect for retail, medical office, or warehouse use. Built in 1991 and renovated in 2024, the Class C property features 16-foot ceilings, two dock-high doors, and ample parking (250 spaces). Located on a 7.59-acre lot with 250 feet of frontage on North Norwood Street, near the intersection with Lanier Street, this property boasts a prime location on US Highway 117, a high-traffic commercial corridor with over 11,000 daily vehicles. The center is anchored by Ollie's Bargain Outlet and includes other established tenants such as Hardee's, KFC, and GoGas. Additional amenities include conditioned self-storage, RV parking, and lay-down yards. The property's zoning is Commercial (APN: 330613131065, Duplin County). Nearby businesses include Truist Bank, Farmers Home Furniture, Tractor Supply Company, and many more, ensuring high visibility and foot traffic. Currently, the entire 66,000 square feet is available for lease.
Property profile
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Current use
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Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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