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388 Frederick StMount Airy, NC 27030

Enclosed Mall, 16 Suites, 49,871 SF Vacant

Overview

Added:
Dec 11, 2024
Days on market:
118
Mayberry Mall presents a unique investment opportunity in Surry County. This 207,542 square-foot enclosed regional mall, the only one within a 40-mile radius, underwent a complete redevelopment in the summer of 2021. Originally constructed in 1968, the property now offers 16 available suites, ranging in size from a minimum of 1,226 square feet to a maximum contiguous space of 7,317 square feet. A significant 49,871 square feet of vacant space is currently available, providing substantial potential for new tenants and revenue generation. The mall benefits from a strong trade area, drawing customers from a five-county region encompassing over 226,624 residents, extending into southern Virginia. This prime location, coupled with the recent renovations, positions Mayberry Mall for continued success and growth. The property's strategic location and substantial size make it an attractive investment for both established and emerging businesses seeking a presence in a thriving regional market. The redevelopment has created a modern and updated shopping experience, attracting a diverse range of potential tenants. This opportunity allows investors to capitalize on a well-positioned, renovated retail center with significant upside potential.

Highlights

  • Retail shopping center totaling 207,542 square feet.
  • Multiple tenancy with 16 suites available.
  • Spaces range from 1,226 to 7,317 contiguous square feet; 49,871 square feet currently vacant.
  • Built in 1968, renovated in 2021.
  • Located in Surry County.

Property Details for 388 Frederick St

Property type
Retail properties
RSF (Rentable sq. ft)
207,542 SF
Year Built/Renovated
1968/2021

Unit(s) available at that property

Space
space 3
Size
7,317 SF
Space
space 4
Size
2,527 SF
Space
space 5
Size
6,982 SF
Space
space 6
Size
6,106 SF
Space
space 10
Size
1,194 SF
Space
space 12
Size
1,970 SF
Space
space 13
Size
2,453 SF
Space
space 14
Size
1,182 SF
Space
space 15
Size
3,578 SF
Space
space 16
Size
1,771 SF
Space
space 17
Size
1,807 SF
Space
space 18
Size
1,226 SF
Space
space 20
Size
1,258 SF
Space
Outlot Pad
Size
6,000 SF
Space
Suite 9
Size
4,500 SF
Space
space7
Size
20,243 SF

Location Insight

City
Mount Airy
County
Surry
State
North Carolina
Latitude
36.4987376
Longitude
-80.6208933
388 Frederick St, Mount Airy, North Carolina

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388 Frederick St
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