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Vacant-User

1007 Martin Luther King Jr Blvd

1007 W M.L.K. Jr Blvd, Lexington, NC 27292

Listing Price: $650,000

Gross SF
5,081
Rentable SF
4,800
Price/Gross SF
$127.93
Lot Size
0.61 acres
Year Built
1986

Investment Overview

Marcus and Millichap is pleased to exclusively represent the sale of 1007 Martin Luther King Jr. Blvd in Lexington, NC. The site sits on 0.61 Acres and is in an opportunity zone. The building was constructed of brick in 1986. It has 4,800 SF with a height of 18 Feet. The site has 38 parking spaces with a 7.45/1,000 SF parking ratio. The property has lots of frontage on Martin Luther King Jr. Blvd. The site is located 41 minutes away from the Piedmont Triad International Airport. On Martin Luther King Blvd, the location has 14,563 Vehicles Per Day. 1007 MLK Jr. Blvd is located in the City of Lexington’s Business Zoning District, the intent of the Business District is to accommodate a wide range of retail, service, governmental, and office uses. The building is an out parcel for a 139,000 SF Shopping Center that sits on 13.57 acres. The shopping center has national tenants such as Save-a-Lot, Roses, Rent-a-Center, Cricket, and Dollar General, as well as local tenants like Fantasy Nails and China King Buffet.

Investment Highlights

  • 4,800 SF Building On 0.61 Acres
  • Located In An Opportunity Zone
  • 38 Parking Space 7.45/1,000 Parking Ratio
  • 14,563 Vehicles Per Day On MLK JR BLVD.
  • Outparcel to Shopping Center With National Tenants

Exclusively Listed By

Financing By

Vacant-User

1007 Martin Luther King Jr Blvd

Listing Price: $650,000

Gross SF
5,081
Rentable SF
4,800
Price/Gross SF
$127.93
Lot Size
0.61 acres
Year Built
1986

Investment Highlights

  • 4,800 SF Building On 0.61 Acres
  • Located In An Opportunity Zone
  • 38 Parking Space 7.45/1,000 Parking Ratio
  • 14,563 Vehicles Per Day On MLK JR BLVD.
  • Outparcel to Shopping Center With National Tenants

Investment Overview

Marcus and Millichap is pleased to exclusively represent the sale of 1007 Martin Luther King Jr. Blvd in Lexington, NC. The site sits on 0.61 Acres and is in an opportunity zone. The building was constructed of brick in 1986. It has 4,800 SF with a height of 18 Feet. The site has 38 parking spaces with a 7.45/1,000 SF parking ratio. The property has lots of frontage on Martin Luther King Jr. Blvd. The site is located 41 minutes away from the Piedmont Triad International Airport. On Martin Luther King Blvd, the location has 14,563 Vehicles Per Day. 1007 MLK Jr. Blvd is located in the City of Lexington’s Business Zoning District, the intent of the Business District is to accommodate a wide range of retail, service, governmental, and office uses. The building is an out parcel for a 139,000 SF Shopping Center that sits on 13.57 acres. The shopping center has national tenants such as Save-a-Lot, Roses, Rent-a-Center, Cricket, and Dollar General, as well as local tenants like Fantasy Nails and China King Buffet.

Exclusively Listed By

Financing By

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