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    OFF-MARKET
    Warehouses

    715 Norwood St, Wallace, NC 28466

    66,000 SF 7.59 ac lot Built 1991
    Property ID
    Property summary
    AI-generated overview

    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
    Verified
    Property type Warehouses
    Year built 1991
    Total area 66,000 SF
    Lot 7.59 ac (330,620 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
    Current use
    Occupant on record · Public records
    • CashPoints® ATM Atm
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    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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