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831-841 W Main St
Murfreesboro, NC 27855

$799,000 USD

General Retail For Sale  •  25,794 SF

Property Details

  • Property Type General Retail
  • Total Building Size 25,794 SF
  • Lot Size 2.76 AC
  • Building Class B
  • Year Built 1983
  • Tenancy Multiple
  • Zoning C
0 Transit Score
30 Walk Score

Highlights

Below Replacement Cost: Offered at just about $31 per square foot, significantly below replacement cost for comparable strip centers.
Strategic Location Near University: Immediate access to Chowan University’s student and staff population enhances tenant appeal.
Upside Through Lease-Up: With 40% of the center currently vacant, there is substantial room to drive NOI growth.
Low Price Point Strip Center: Rare opportunity to acquire a multi-tenant retail asset in North Carolina for under $1 million.
Proximity to National Retailers: Situated near prominent national retailers such as Food Lion, Advance Auto Parts, Dollar General, and more.

Major Tenants

Tenant SF Occupied Lease End Date
Associated Serives Corp 1,388 SF 5/1/2031
Green Zone Recycling 12/15/2025
H&R Block 1,410 SF 5/1/2027
Shop 2 Variety 6,120 SF
Subway 1,391 SF 9/1/2029

Amenities

  • Signage

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 165
Type: Surface
Included in Rent: Yes
Alex Conley 843-931-9503 Sands Investment Group
Alex Conley 843-931-9503 Sands Investment Group