Royal Farms Improved Outparcels – Wallace, NC

Two improved outparcels totaling 8.1 acres are available for ground lease at the signalized intersection of NC Highway 41 and NC Highway 11 in Wallace. The sites are adjacent to the planned Royal Farms convenience store and positioned along the community’s primary retail corridor.

Lot 1 contains 2.0 acres with approximately 278 feet of frontage on NC Highway 41 / East Southerland Street. Lot 3 contains 6.1 acres with approximately 276 feet of frontage on NC Highway 11. Municipal water and sewer are available, and the parcels may be leased individually.

The location is approximately two miles from Interstate 40 exits 384 and 385, one mile from Wallace’s Main Street district, one-half mile from Walmart Supercenter and one-quarter mile from the Food Lion-anchored Wallace Pointe shopping center. Nearby businesses include Walgreens, McDonald’s, Dollar General, Realo Drugs, Burger King, Zaxby’s, Wendy’s, Taco Bell and other national and regional retailers.

Ground-lease pricing and terms are available from the listing broker. Prospective tenants should independently confirm zoning, permitted uses, utilities and development requirements.