Log In/Sign Up
Your email has been sent.
637 W Fleming Dr
Morganton, NC 28655
Retail Property For Sale
Investment Highlights
- Excellent visibility, access, and entrance to Shopping Center
- Strong Tenant Lineup in the Main Shopping Center of the Market
- Newer Construction with No CapEx
Executive Summary
Located just off I-40, Morganton offers unmatched accessibility and small-town charm in the heart of Burke County. Positioned 63 miles east of Asheville, this dynamic community blends natural beauty with a high quality of life.
Morganton serves as a gateway to some of Western North Carolina’s top outdoor destinations—Lake James, South Mountains State Park, Pisgah National Forest, and the Blue Ridge Parkway. With hiking, biking, waterfalls, and year-round recreation, the area attracts both residents and visitors seeking an active, scenic lifestyle.
A thriving market with strong regional draw, Morganton delivers the perfect balance of convenience, growth, and natural appeal.
Morganton serves as a gateway to some of Western North Carolina’s top outdoor destinations—Lake James, South Mountains State Park, Pisgah National Forest, and the Blue Ridge Parkway. With hiking, biking, waterfalls, and year-round recreation, the area attracts both residents and visitors seeking an active, scenic lifestyle.
A thriving market with strong regional draw, Morganton delivers the perfect balance of convenience, growth, and natural appeal.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
7,961 SF
Year Built
2017
Price
$3,295,000
Price Per SF
$413.89
Cap Rate
5.61%
NOI
$184,687
Percent Leased
85%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
0.85 AC
Opportunity Zone
Yes
Zoning
CU
Parking
106 Spaces (13.31 Spaces per 1,000 SF Leased)
Frontage
80’ on Fleming Dr
Amenities
- Corner Lot
- Pylon Sign
- Restaurant
- Signage
- Air Conditioning
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
