1015 Lewis StOxford, NC 27565

Property Details for 1015 Lewis St

Year built

2009

Lot size

29.95 AC

Property size (Sq ft)

154,180 SF

Zone code

B2

Property type

Retail properties

Property subtype

Outlet malls

APN

191204608919

APU

191204608919

Description

The Shoppes at Oxford, a thriving retail center in Granville County, offers exceptional opportunities for businesses seeking high-traffic locations. This 149,235 square foot property is anchored by a Walmart, ensuring consistent customer flow and strong visibility. Currently, three retail spaces are available, ranging from a minimum of 1,600 square feet to a maximum contiguous space of 3,150 square feet. The center boasts a diverse tenant mix, including established businesses such as Cricket Wireless, Dulce Marias Ice Cream & Bakery, Zen Tobacco & Vape, La Rancherita, Verizon, Cato, Dollar Tree, The Internet Cafe, and Highway 55, creating a vibrant and synergistic retail environment. A total of 39,550 square feet of in-line retail space is available for lease. With a current vacancy of 4,750 square feet, this presents a unique chance to establish or expand your business within a well-established and successful shopping center. The property's strategic location ensures high foot traffic and easy accessibility for customers. This is a rare opportunity to secure a prime retail space in a bustling shopping center with a strong anchor tenant and a diverse range of existing businesses. Don't miss out on this chance to become part of a thriving retail community.

• CAP approach

  CAP return

  Valuation

  6%

  $33,877,820

  6.5%

  $31,271,834

  7%

  $29,038,130

• Comparable approach

  Method

  Valuation

  Relative Method

  $89,184,000

  Geo Method

  $89,184,000

• Alternative Use

  Use

  Valuation

  Residential

  $26,378,962

  Hospitality

  $24,162,986

  Educational

  $20,103,322

  Medical

  $20,794,706

  Retail

  $31,271,834

Location Insight

City

Oxford

County

Granville

State

North Carolina

Latitude

36.2797

Longitude

-78.6032

CBSA code

20500

CBSA name

DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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