Map of Property

805-859 N. Center Street

For Sale

805-859 N. Center Street, Statesville, NC 28677

This Statesville property for sale is located at 805-859 N. Center Street. The current listed sale price for 805-859 N. Center Street is $2,800,000. 805-859 N. Center Street is situated on a lot that is 3.29 acre in size.

Contacts

broker
Nick Gonzalez

Linville Team Partners

broker
Katie Hayes

Linville Team Partners

broker
Dom Maggio

Linville Team Partners

Property Details

  • Property Type Retail - Showroom - Industrial
  • Property Size 39,517 SF
  • Lot Size 3.29 Acre
  • Cap Rate % 8.25
  • Zoning B-2
  • Additional Rent Contact for pricing
  • Year Built 1962
  • Date Updated Dec 10, 2024
  • Visibility/Traffic Count (VPD) 14,000

Dollar Tree-anchored shopping center located in Statesville, NC on busy 14,000 VPD road. Minutes to I-40 and 40 miles to Charlotte, NC. This center provides stable income with significant upside potential. 8.25% Cap Rate on actuals with ±37% upside in further stabilization. Many recent capital improvements (over $200,000 in 2024 alone) include recent roof repairs/replacement, facade and parking reseal/restripe. Dollar Tree lease through 8/30/2026. Minimal nearby competition make this a great balance between stable in-place NOI and value add. NOI $231,282.

 

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Getting around

  • 33/100

    Walk Score ®

  • 35/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Statesville, NC
  • Neighborhood Magnolia Glen
  • Zip Code 28677
  • Market Charlotte

Points of Interest

  • Ingles

    1.51 miles

  • BP

    1.52 miles

  • Kangaroo Express

    1.58 miles

  • 7-Eleven

    1.83 miles

  • Citgo

    2.22 miles

  • Shell

    2.28 miles

  • Mobil

    2.59 miles

  • Exxon

    2.60 miles

  • General Parking

    4.08 miles

  • RV & Tour Bus

    4.09 miles

  • Volunteer/Sponsor

    4.11 miles

  • Handicap

    4.24 miles

  • Broad St Burger Co

    1.09 miles

  • Olde Towne Concessions

    1.09 miles

  • Little Pigs Barbecue

    1.37 miles

  • Chopstix Thai

    1.38 miles

  • Carolina Bar-B-Q

    1.41 miles

  • Pizza Hut

    1.45 miles

  • Chili's

    1.61 miles

  • IHOP

    1.65 miles

  • Wendy's

    1.66 miles

  • Zaxby's

    1.67 miles

  • Food Lion

    1.40 miles

  • Ingles

    1.59 miles

  • ALDI

    1.74 miles

  • Publix

    1.90 miles

  • Walmart Supercenter

    1.99 miles

  • Signal Hill Mall

    2.40 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

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