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5167 Highway 70 W 3,034 - 18,430 SF of Retail Space Available in Morehead City, NC 28557
Highlights
- Situated along US Highway 70 with easy access and excellent visibility.
- Strong co-tenancy with national retailers including Best Buy, Belk, and Hobby Lobby.
- Located near major anchors such as Walmart, Lowe’s, and Dick’s Sporting Goods.
- High traffic counts of 34,000 vehicles daily on US-70 and 23,000 on NC-24.
- Available suites with the option to combine for larger configurations.
- Affluent trade area with 2025 average household incomes exceeding $127,000 within one mile.
Space Availability (4)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 10 | 5,980 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 12 | 3,034 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 15 | 5,636 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 9 | 3,780 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor, Ste 10
Available Suites: 9 (3,780 SF), 10 (5,980 SF), 12 (3,034 SF), and 15 (5,636 SF) - Ability to combine suites 9 & 10 for 9,760 SF - Nearby Anchors: Best Buy, Belk, Hobby Lobby, Harris Teeter, Lidl, Lowe's Home Improvement, Walmart Supercenter, Dick's Sporting Goods, and more! - Traffic Count (AADT): 34,000 on US-70 & 23,000 on NC-24
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
1st Floor, Ste 12
Available Suites: 9 (3,780 SF), 10 (5,980 SF), 12 (3,034 SF), and 15 (5,636 SF) - Ability to combine suites 9 & 10 for 9,760 SF - Nearby Anchors: Best Buy, Belk, Hobby Lobby, Harris Teeter, Lidl, Lowe's Home Improvement, Walmart Supercenter, Dick's Sporting Goods, and more! - Traffic Count (AADT): 34,000 on US-70 & 23,000 on NC-24
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
1st Floor, Ste 15
Available Suites: 9 (3,780 SF), 10 (5,980 SF), 12 (3,034 SF), and 15 (5,636 SF) - Ability to combine suites 9 & 10 for 9,760 SF - Nearby Anchors: Best Buy, Belk, Hobby Lobby, Harris Teeter, Lidl, Lowe's Home Improvement, Walmart Supercenter, Dick's Sporting Goods, and more! - Traffic Count (AADT): 34,000 on US-70 & 23,000 on NC-24
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
1st Floor, Ste 9
Available Suites: 9 (3,780 SF), 10 (5,980 SF), 12 (3,034 SF), and 15 (5,636 SF) - Ability to combine suites 9 & 10 for 9,760 SF - Nearby Anchors: Best Buy, Belk, Hobby Lobby, Harris Teeter, Lidl, Lowe's Home Improvement, Walmart Supercenter, Dick's Sporting Goods, and more! - Traffic Count (AADT): 34,000 on US-70 & 23,000 on NC-24
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at 5167 Highway 70 W, Morehead City, NC 28557
- Tenant
- Description
- US Locations
- Reach
- Belk
- Dept Store
- 405
- National
- Hallmark
- Card/Gifts
- 2,236
- International
- Hobby Lobby
- Hobby
- 1,291
- National
- Plaza Mexico
- Restaurant
- 1
- Local
- Rack Room Shoes
- Shoes
- 642
- National
- Shore Decor
- Other Services
- 1
- Local
| Tenant | Description | US Locations | Reach |
| Belk | Dept Store | 405 | National |
| Hallmark | Card/Gifts | 2,236 | International |
| Hobby Lobby | Hobby | 1,291 | National |
| Plaza Mexico | Restaurant | 1 | Local |
| Rack Room Shoes | Shoes | 642 | National |
| Shore Decor | Other Services | 1 | Local |
Property Facts
| Total Space Available | 18,430 SF | Year Built | 1989 |
| Property Type | Retail | Parking Ratio | 4.53/1,000 SF |
| Gross Leasable Area | 259,376 SF | Cross Streets | Hwy 70 W & Hwy 24 |
| Total Land Area | 23.35 AC |
| Total Space Available | 18,430 SF |
| Property Type | Retail |
| Gross Leasable Area | 259,376 SF |
| Total Land Area | 23.35 AC |
| Year Built | 1989 |
| Parking Ratio | 4.53/1,000 SF |
| Cross Streets | Hwy 70 W & Hwy 24 |
About the Property
High visibility shopping center located at 5167 Highway 70 W, in Morehead City, NC Cypress Bay Plaza is a retail shopping center located on US Highway 70 in Morehead City, NC, close to NC-24. The property is surrounded by national big-box retailers and restaurants, including Walmart, Lowe’s, and Best Buy. The plaza provides multiple suite options and features connectivity to major roadways with strong annual average daily traffic counts. It is positioned within a coastal community that supports residential, commercial, and tourism-related demand.
- Signage
Nearby Major Retailers
