Map of Property

805-859 N. Center Street

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

  • For Sale $2,800,000
  • 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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Contacts

broker
Nick Gonzalez Is this you?

Linville Team Partners

broker
Katie Hayes Is this you?

Linville Team Partners

broker
Dom Maggio Is this you?

Linville Team Partners

Location

Getting Around

  • Walk Score ®

    33/100 Car-Dependent

  • Bike Score ®

    35/100 Somewhat Bikeable
Powered by Walk Score ®
  • 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

Frequently Asked Questions

How much does 805-859 N. Center Street cost?

The space currently listed for sale at 805-859 N. Center Street asks for $2,800,000.

What is the total square footage of 805-859 N. Center Street?

805-859 N. Center Street totals 39,517 square feet.

When was this property built?

805-859 N. Center Street was built in 1962.

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