This Retail Property is no longer advertised on LoopNet.com.

4177 W Vernon Ave
Kinston, NC 28504
Retail Property For Sale

Investment Highlights

  • No kickout clause.
  • Outparcel to Walmart
  • Essential business. Only Starbucks for 20 miles.
  • VPD = 27,000

Property Facts

Property Type
Retail
Property Subtype
Freestanding
Building Size
2,800 SF
Building Class
B
Year Built/Renovated
1992/2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.54 AC
Zoning
GC (CITY OF KINSTON)
Parking
21 Spaces (7.5 Spaces per 1,000 SF Leased)
Frontage
44’ on Vernon Ave

Amenities

  • Dedicated Turn Lane
  • Signage
  • Drive Thru

About 4177 W VERNON AVE , KINSTON, NC 28504

CAP is 5.25% Year 1; 5.775% Year 6. No kickout clause. Essential business. Only Starbucks for 20 miles. Outparcel to Walmart Supercenter. Kinston is the county seat of Lenoir County. Starbucks is a Fortune 500 Company. Major retail area. Hwy 70 (W. Vernon St) is a major thoroughfare. VPD = 27,000.

Property Taxes

Property Taxes

Parcel Number
450503337150
Land Assessment
$283,264
Improvements Assessment
$1,043,559
Total Assessment
$1,326,823
  • Listing ID: 18229491

  • Date on Market: 1/18/2020

  • Last Updated:

  • Address: 4177 W Vernon Ave, Kinston, NC 28504

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