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5167 Highway 70 W
Morehead City, NC 28557
Cypress Bay Plaza · Retail Property For Lease
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3,780 SF
Highlights
- Anchored by nationally recognized retailers including Belk, Hobby Lobby, and Best Buy.
- Serves a growing trade area with over 24,000 residents within a 5-mile radius.
- Surrounded by strong national co-tenancy and popular dining establishments.
- Positioned along Highway 70 with 37,000 AADT and near Highway 24 with 22,500 AADT.
- Located in a year-round tourist destination near the Emerald Isle beaches.
Property Facts
About the Property
Cypress Bay Plaza is a well-anchored retail destination strategically positioned along Highway 70 in Morehead City, North Carolina. Spanning over 279,000 square feet, this center features a strong lineup of national retailers including Belk, Hobby Lobby, Best Buy, Rack Room Shoes, The Honey Baked Ham Co., and GNC. The property benefits from exceptional visibility and accessibility, with traffic counts of approximately 37,000 vehicles per day on Highway 70 and 22,500 vehicles per day on Highway 24. Located along the eastern seaboard, Morehead City is a vibrant coastal community that attracts year-round residents and a steady influx of tourists visiting the Emerald Isle beaches. The surrounding trade area includes a mix of national brands such as Michaels, West Marine, Dick’s Sporting Goods, TJ Maxx, Bed Bath & Beyond, Ross, and PetSmart, reinforcing the center’s position as a key retail hub in the region. Cypress Bay Plaza offers a dynamic shopping experience with convenient ingress and egress, ample parking, and strong co-tenancy. Its location near major highways and proximity to popular dining options like Olive Garden, Chick-fil-A, and Arby’s further enhances its appeal to both shoppers and prospective tenants.
- Pylon Sign
