2120 Morganton Blvd SW, Lenoir, NC 28645
For Lease
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This exceptional retail opportunity presents a fully vacant 9,425 square foot building situated on a substantial 6.39-acre lot in Lenoir, North Carolina. Located at 2120 Morganton Blvd SW, zip code 28645, this property offers significant potential for redevelopment or lease to multiple tenants. The single building, constructed in 1999, is classified as a neighborhood center and is currently entirely vacant, providing a blank canvas for a new business venture or expansion. The flexible space allows for various configurations, accommodating tenants ranging from 1,400 to 8,025 square feet. The expansive lot size provides ample parking and potential for future development or expansion. This property is ideally positioned within the Lenoir market, offering excellent visibility and accessibility. Its location provides convenient access to major roadways and a strong local customer base. The property's size and location make it an attractive investment for businesses seeking a prominent presence in a growing community. This is a rare opportunity to acquire a substantial retail property in a desirable location with significant upside potential. The property is ready for immediate occupancy.
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Jackpot bin store Discount Store
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Jasmine Restaurant
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Dollar General Home Decor Store Department Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.