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    Property profile & analytics
    OFF-MARKET
    Retail space

    402 Fleming Dr, Morganton, NC 28655

    55,500 SF
    Property ID
    US53-3120820
    Property summary
    AI-generated overview

    Tannery Square offers exceptional retail and flex space opportunities in Morganton, North Carolina. This vibrant shopping center, located at 402 W Fleming Dr, 28655, boasts a total of 55,500 square feet and is currently undergoing renovations completed in 2023. Multiple suites are available, ranging from a minimum of 1,400 square feet to a maximum contiguous space of 3,360 square feet. Currently, 7,760 square feet of space is vacant and ready for immediate occupancy. The property's diverse tenant mix includes a variety of retailers, service businesses, and restaurants, ensuring high foot traffic and visibility. This prime location sits on Morganton's main retail corridor, providing easy access to other national retailers and businesses. The property is ideal for businesses seeking high-traffic exposure in a rapidly growing area. With its strategic location and recent renovations, Tannery Square presents a unique opportunity for businesses to establish a strong presence in a thriving community. The flexible space options cater to a wide range of business needs, making it an attractive choice for both established companies and startups. Don't miss this chance to secure your space in this dynamic Morganton location. Contact us today to learn more about available suites and lease terms.

    Property profile
    Verified
    Property type Retail space
    Total area 55,500 SF
    UPID US53-3120820
    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
    • vida verde juicery Specialty Food Shop (Bike/Boat/Book/etc) Store
    • Jimmy John's Take-out & Catering Catering Service
    • Puppy Tails Pet Grooming Service
    • Asian Fusion Kitchen Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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