1009 Blowing Rock Blvd Lenoir, NC 28645
- Strip malls
- 17,328 SF
- 2.08 lot acres
Current Use by Public Records
- Empire Buffet / Buffet Restaurant / Restaurant
- GNC / Vitamin & Supplements Store
- GameStop / Video Game Store / Collectibles Store
- Carolina West Wireless / Cell Phone Store / Telephone Company
- Petsense by Tractor Supply / Pet Supply Store / Pet Adoption Service
Property Details for 1009 Blowing Rock Blvd
- Year built
- 2008
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 2.08 lot acres
- Property size
- 17,328 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 09115 2 4
- APU
- 911524
Description
This exceptional retail opportunity is located at 1009 Blowing Rock Blvd in Lenoir, North Carolina, within the North Hill Crossing shopping center. The property is a Class B building constructed in 2008, offering a total of 17,328 square feet across a single suite. Currently, 1,325 square feet of retail space is available for lease. The building enjoys a highly desirable location directly adjacent to a Walmart Supercenter, ensuring significant foot traffic and visibility. This strategic placement is further enhanced by the presence of strong national co-tenants including Petsense, Great Clips, GNC, Sally Beauty, and GameStop, creating a robust and established retail environment. The property's address is 1009 Blowing Rock Blvd, Lenoir, NC 28645, in Caldwell County. This space presents a unique chance to establish or expand a retail business in a thriving commercial center with excellent visibility and a proven track record. The property is categorized as a multiple-tenancy retail space. The building's size and the presence of established businesses make this an attractive investment for retailers seeking a high-traffic location in a well-established shopping center.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,215,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,835,000
- 6.5%
- $3,520,000
- 7%
- $3,830,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,695,000
- Geo Method
- $3,815,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,375,000
- Retail
- $3,930,000
- Mixed-Use
- $3,850,000
- Hospitality
- $3,115,000
- Educational
- $2,940,000
- Residential Income
- $3,250,000
- Energy
- $4,065,000
- Income-Based Land
- $3,485,000
- Food Service
- $2,910,000
Location Insight
- Map
- Local Demand
- City
- Lenoir
- County
- Caldwell
- State
- North Carolina
- Longitude
- -81.5292
- Latitude
- 35.9301
- CBSA code
- 25860
- CBSA name
- HICKORY-LENOIR-MORGANTON, NC METROPOLITAN STATISTICAL AREA
