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553 US-70 W 39,375 SF of Retail Space Available in Havelock, NC 28532
Highlights
- 553 US-70 W is a 39,375-square-foot former Lidl location built in 2017 with a full commercial kitchen, loading docks, signage, flexible TI, and more.
- Ideal uses include department stores, big-box hardware stores, gyms, sports and entertainment concepts, and more (grocery stores are deed-restricted).
- Supported by established co-traffic sources in the vicinity, such as Starbucks, Planet Fitness, Walmart Supercenter, CVS, Morgan’s Pub, and more.
- Situated at a signalized intersection with Highway 70 frontage, directly across from Walmart, with exposure to about 31,500 vehicles per day.
- Dominant position near MCAS Cherry Point, Havelock's largest economic driver, which hosts approximately 38,000 related personnel.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 39,375 SF | 5-10 Years | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
This is a former Lidl building built in 2017 with Lidl's signature, high-end design offering the utmost quality. While grocery stores are deed-restricted, this is an excellent opportunity for a broad range of uses, including department stores, big-box hardware stores, gyms, sports and entertainment concepts, and more. It is equipped with a commercial kitchen with freezer and refrigerator space, ideal for unique schemes to incorporate food service. Additional features include two loading docks, ample parking, and a prominent monument sign.
- Fully Built-Out as Standard Retail Space
- Space is an outparcel at this property
- 2 Loading Docks
- Anchor Space
- Freezer Space
- High Ceilings
- Former Lidl Grocery
- Directly across from Walmart Supercenter
- Grocery Store Use is Deed Restricted
- Flexible TI
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.
Property Facts
| Total Space Available | 39,375 SF | Gross Leasable Area | 39,375 SF |
| Property Type | Retail | Year Built | 2017 |
| Property Subtype | Freestanding | Parking Ratio | 0.76/1,000 SF |
| Total Space Available | 39,375 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 39,375 SF |
| Year Built | 2017 |
| Parking Ratio | 0.76/1,000 SF |
About the Property
553 US-70 W presents a valuable opportunity to set up shop along Havelock’s primary commercial corridor with superior roadway frontage. The 39,375-square-foot store was purpose-built by Lidl, offering a level of quality rarely matched. It is equipped with a commercial kitchen with freezer and refrigerator space, ideal for unique schemes to incorporate food service. Additional features include two loading docks, ample parking, and a prominent monument sign visible to approximately 31,500 vehicles per day. The building’s infrastructure and multifaceted market lend themselves to a spectrum of potential uses (grocery stores are deed-restricted), and tenant improvement allowance is available based on terms and credit. Hardware or farm stores fit right into the market’s agricultural presence, major retailers benefit from direct highway exposure, and the growing market is ready for novel destinations like indoor pickleball or sports parks. According to housing market data from Realtor.com, median home values in Havelock rose by 15.9% and median rent rose by 18.9% from Q4 2022 to Q4 2025, underscoring the city’s positive demographic trends. The property’s US-70-adjacent location at a signalized intersection makes it highly accessible to consumers far and wide, with surrounding draws like Walmart Supercenter, Planet Fitness, CVS, and several restaurants driving co-traffic. This concentration of retailers is one of the densest in Havelock, making this node a critical hub for all residents. On top of that, Slocum Road is less than a half-mile from 553 US-70 W, providing a direct route to Marine Corps Air Station Cherry Point, the market’s primary economic driver.
- Fenced Lot
- Freeway Visibility
- Pylon Sign
- Signage
- Signalized Intersection
- Kiosk/Cart Space
- Storage Space
- Monument Signage
- Air Conditioning
Demographics
Demographics
Nearby Major Retailers
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553 US-70 W
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