522 W Fleming Dr FOR SALE


Morganton, NC
$2,175,000 USD
336-480-5380
, Morganton, NC for Sale
$2,175,000 USD
FOR SALE
1/9
null | 7.6% Cap Rate

522 W Fleming Dr
Morganton, NC


HIGHLIGHTS

  • 7.6% CAP Rate on current income
  • Diverse tenant mix: retail, office, and self-storage
  • 61 climate-controlled storage units – near 100% occupancy
  • Prime visibility on W Fleming Drive
  • Close proximity to Downtown Morganton & I-40
  • High-traffic area surrounded by national retailers

OVERVIEW

Outstanding investment opportunity along one of Morganton’s busiest commercial corridors. 522 W Fleming Drive features street retail, office tenants, and 61 climate controlled self-storage units—a diversified income stream in a prime location. The self-storage units remain consistently full, providing reliable cash flow, while the retail and office tenants benefit from excellent visibility and easy access along W Fleming Drive, just minutes from Downtown Morganton and I-40. Surrounded by top national retailers, this corridor serves as Morganton’s primary retail hub with strong demographics and steady local growth.

ASK ABOUT THIS PROPERTY

Eric EngstromCollett & AssociatesMore Info
336-480-5380

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Eric EngstromCollett & AssociatesMore Info
336-480-5380

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.