313 Salisbury Ave Spencer, NC 28159
For Lease
1 / 3
Spencer Marketplace, located at 313 Salisbury Ave, Spencer, NC 28159, presents a prime retail leasing opportunity. This multi-tenant retail center boasts a total of 47,874 square feet, with 1,800 square feet currently vacant. Strategically situated in Rowan County, the property enjoys excellent visibility and accessibility. Its prime location offers full traffic access from North Salisbury Street and is conveniently located just a quarter-mile north of the North Carolina Transportation Museum, ensuring high foot traffic and visibility. The center's proximity to Interstate 85 provides easy access for customers and employees alike. The property is classified as a primary grocery center within the Spencer community, indicating a strong existing customer base and potential for significant growth. The available 1,800 square feet offers a flexible space suitable for a variety of retail businesses. The property's address is easily accessible via Jefferson Street, providing multiple points of entry and exit for optimal convenience. This is an exceptional opportunity to establish or expand a retail presence in a thriving North Carolina market. The property's size and location make it an ideal investment for businesses seeking high visibility and convenient access to a substantial customer base.
-
Northern Rowan Family Medicine (Food Lion Parking Lot)) Medical Laboratory
-
Food Lion Grocery & Convenience Store Food Market
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
NB:NEIGHBORHOOD BUS · Spencer, NCSpencer. Always verify with local authorities before improvements.
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.