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715 N Norwood St
Wallace, NC 28466
Auction - Former Walmart - Below $7/SF · Land For Sale
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7.59 AC
Investment Highlights
- STARTING BID $100,000 | 66,889 SF | Below $7/SF | AUCTION JUNE 24-26, 2024
- National Co-tenants (not included in sale) include KFC, Hardee’s, and Ollie’s which grand opened in July 2023
- High Visibility Signalized Location Along N Norwood St with Traffic of 11K VPD | Located in the Wilmington MSA, Shoppers Draw from a 25-Mile Radius
- ±66,889 Square Foot Anchor Value-Add Opportunity at Excellent Retail Location
- Strong Retail Corridor including Farmers Home Furniture, Tractor Supply, Builder’s Discount Center, CVS, Piggly Wiggly, and more
- Adjacent Center 2022/2023 Remodel and Quick Lease-up Resulting in 96.5% Occupancy | Parking Lot Recently Upgraded and Fascia Repaired over the Past YR
Property Facts
| Property Type | Land | Proposed Use | Retail |
| Property Subtype | Commercial | Total Lot Size | 7.59 AC |
| Zoning | HB - CB, Central Business | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Retail |
| Total Lot Size | 7.59 AC |
| Zoning | HB - CB, Central Business |
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