KW COMMERCIAL

Exclusive Leasing Opportunity – ±4,600 SF Retail Space

River Oaks Shopping Center | 114 River Oaks, Tarboro, NC 27886

Presented by:
Antonio Williams
Commercial Realtor | KW Commercial
Licensed in SC, NC & VA
📞 404-337-2461 | 📧 antonio.williams@kw.com

EXECUTIVE SUMMARY

Property Name: River Oaks Shopping Center
Available Space: ±4,600 SF (Divisible)
Property Type: Community Retail Center
Lease Type: NNN
Base Rent: $14.00/SF/YR
Availability: February 2026
Tenant Improvement (TI): Negotiable based on credit and term
Year Built: 2002 | Renovated: 2007

This ±4,600 SF retail space is located in River Oaks Shopping Center, a premier community retail destination anchored by Super Walmart and Tractor Supply. The property experiences over 2.6 million annual visits, ranking in the top 10% of retail traffic centers in North Carolina.

The space offers exceptional exposure, flexible layout potential, and a built-in customer base supported by a strong tenant mix including Rent-A-Center, Dollar Tree, Shoe Show, Sally Beauty, Jersey Mike’s Subs, Edward Jones, and H&R Block.

This is an ideal opportunity for regional or national tenants seeking a highly visible location with stable traffic, proven anchors, and modern infrastructure in a strong trade area.

PROPERTY OVERVIEW

• Size: ±4,600 SF (divisible)

• Type: Inline retail space

• Lease Rate: $14.00/SF/YR (NNN)

• NNN Expenses: Est. $3.25/SF/YR

• Lease Term: 3–10 years (negotiable)

• Condition: 2nd-generation retail — currently open layout

• Ceiling Height: ±12’ clear

• HVAC: Tenant-controlled

• Zoning: Commercial (General Retail)

• Signage: Façade and monument signage available

• Access: Signalized intersection with full ingress/egress

The space was formerly occupied by The Salvation Army and offers a highly adaptable configuration with open retail floor, rear storage, and secondary access for deliveries.

PROPERTY HIGHLIGHTS

• Prime Retail Visibility: Direct frontage on River Oaks Drive, adjacent to Super Walmart.

• High Consumer Volume: 2.6M annual visits (Placer.ai 2025) — among the highest traffic nodes in the region.

• Strong Co-Tenancy: National brands creating cross-shopping and daily traffic.

• Modern Build-Out: Tenant-controlled HVAC, updated façade, resurfaced parking.

• High Parking Ratio: ±5 spaces per 1,000 SF with convenient front-door access.

• Signalized Access: Ensures smooth ingress/egress and consumer safety.

• Flexible Layout: Can accommodate single or dual tenant configurations.

MARKET SNAPSHOT

Location: 114 River Oaks, Tarboro, NC 27886
Submarket: Edgecombe County Retail Corridor
Traffic Counts: ±28,000 VPD on Highway 64 & River Oaks Dr
Trade Area Radius: ±30 miles
Population (5-Mile Radius): ±18,500
Median Household Income: $56,100
Retail Vacancy Rate (Local Market): 5.8%
Average Rent (Comparable Centers): $14.00–$17.50/SF NNN

River Oaks Shopping Center occupies a dominant retail position in the Tarboro submarket, serving as a primary shopping destination for residents, commuters, and regional visitors.

The surrounding corridor has seen consistent year-over-year retail growth with increasing occupancy among national retailers and QSR brands, indicating sustained demand for well-located, high-traffic space.

CO-TENANT MIX

Tenant Suite SF Dollar Tree1145,992Shoe Show1205,004Rent-A-Center1244,982Sally Beauty1261,592La Fiesta Restaurant128/1303,203River Oaks Business Center1382,420H&R Block1441,200Edward Jones1461,200US Cellular1481,200Jersey Mike’s1501,203

The tenant synergy creates a dynamic retail environment with consistent foot traffic and brand visibility — ideal for businesses looking to leverage established anchors and repeat customer volume.

SITE PLAN OVERVIEW

• Location within Center: Mid-line position between Rent-A-Center and River Oaks Business Center.

• Frontage: Approximately 35 linear feet of prime storefront exposure.

• Access: Multiple entry points via River Oaks Drive and Walmart Drive.

• Parking: Over 200 shared surface spaces, resurfaced and striped in 2023.

• Rear Access: Service doors for deliveries and logistics.

IDEAL USES

Ownership is seeking creditworthy regional or national tenants compatible with existing co-tenants. Ideal uses include:

• Fitness or Wellness Studio

• Medical / Urgent Care / Dental Practice

• Home Furnishings or Specialty Retail

• Quick-Service Restaurant or Café (non-competing)

• Government or Service Office

• Boutique / Apparel Concept

Ownership will review all proposed uses to preserve tenant mix quality and ensure long-term compatibility.

FINANCIAL TERMS

Term Description Base Rent $14.00/SF/YR (NNN)NNN Expenses Est. $3.25/SF/YR Annual Increases2%–3%Lease Term3–10 Years Deposit One month’s rent TI Allowance Negotiable based on term and credit Renewal Options1–2 terms (5 years each) Availability February 2026

WHY TARBORO

Tarboro, NC, continues to evolve as a regional retail hub between Rocky Mount and Greenville. With a stable employment base and limited new development, established retail centers such as River Oaks are poised for continued rental growth and low vacancy stability.

Local infrastructure improvements and Walmart’s sustained dominance in the corridor provide long-term assurance for tenant success.

Key Economic Drivers:

• Healthcare and education expansion

• Proximity to I-64 and Highway 64 logistics corridor

• Retail capture from multiple surrounding counties

• Growing daytime population due to new distribution facilities

LEASING ADVANTAGES

1. Immediate Visibility: Inline location facing primary drive lane.

2. Walmart-Driven Foot Traffic: Thousands of daily visitors.

3. Turnkey Build-Out Potential: Second-generation retail configuration minimizes downtime.

4. Flexible Space Planning: Ability to subdivide or adapt to specific use.

5. Professional Management: Active ownership ensures responsive maintenance and operational consistency.

CONTACT INFORMATION

Antonio Williams
Commercial Realtor | KW Commercial
Licensed in SC, NC & VA
📞 404-337-2461
📧 antonio.williams@kw.com