Contacts
Chris Kostanecki
CP Partners
(415) 274-2701
Property Details
- Property Type Retail - Power Center
- Property Size 284,566 SF
- Lot Size 61.26 Acre
- Property Tenancy Multi-Tenant
- Year Renovated 2013
- Date Updated Apr 23, 2024
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Highlights
- Morganton Heights is adjacent to a Walmart Supercenter (NAP), and is anchored by daily needs retailers including TJ Maxx, Ross, Dick’s Sporting Goods, and Belk
- Belk is a separately parceled ground lease, and is paying an extremely low rent of $2.75/ft
- TJ Maxx is in its first of four options, and has a scheduled 12.90% rental increase at the start of Option 2 (effective 11/01/28)
- Ross, Dick’s, Jo-Ann Fabrics, Dollar Tree, PetSmart are all in their first options as well, displaying commitment to the center
- Staples, Verizon, GNC, AT&T, and China King have all recently extended their leases; Nails R Us recently expanded its store into the adjacent suite and extended its term
- According to Placer.ai, Morganton Heights receives approximately 5.1 million annual visitors, and ranks in the top 25% of power centers within the state of North Carolina
- The subject property is located less than 75 miles from downtown Charlotte
Attachments
Getting around
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Walk Score ®
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Bike Score ®
Location
- City Morganton, NC
- Zip Code 28655
Points of Interest
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Murphy USA
0.14 miles
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Citgo
0.68 miles
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Speedway
0.69 miles
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Exxon
0.72 miles
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Raceway
0.85 miles
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Carbon City Quality Plus
1.20 miles
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Exxon
1.33 miles
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Exxon
1.54 miles
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Freedom Plaza
2.32 miles
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Speedway
2.55 miles
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Motor Pool
1.04 miles
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Overflow Parking
9.47 miles
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Dilishi Frozen Yougart
0.05 miles
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China King Buffet
0.05 miles
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Hwy 55 Restaurant
0.06 miles
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Pizza Hut
0.06 miles
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El Portal Mexican Restaurant
0.07 miles
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Subway
0.08 miles
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Jersey Mike's Subs
0.09 miles
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Applebee's
0.12 miles
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Panera Bread
0.15 miles
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Golden Corral
0.19 miles
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Walmart Supercenter
0.09 miles
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Ross
0.15 miles
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TJ Maxx
0.16 miles
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Belk
0.19 miles
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Food Lion
0.76 miles
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ALDI
0.85 miles
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Ingles
1.01 miles
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Laos Lanxang Asian Grocery Store
1.18 miles
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Roses
1.66 miles
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Old Salem General Store & Arcade
1.69 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Contact Listing Broker
Chris Kostanecki
CP Partners
(415) 274-2701