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553 US-70 W 39,375 SF of Retail Space Available in Havelock, NC 28532



Highlights
- 553 US-70 W is a 39,375-square-foot former Lidl location built in 2017 with a full commercial kitchen, loading docks, signage, flexible TI, and more.
- Ideal uses include department stores, big-box hardware stores, gyms, sports and entertainment concepts, and more (grocery stores are deed-restricted).
- Supported by established co-traffic sources in the vicinity, such as Starbucks, Planet Fitness, Walmart Supercenter, CVS, Morgan’s Pub, and more.
- Situated at a signalized intersection with Highway 70 frontage, directly across from Walmart, with exposure to about 31,500 vehicles per day.
- Dominant position near MCAS Cherry Point, Havelock's largest economic driver, which hosts approximately 38,000 related personnel.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 39,375 SF | 5-10 Years | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
This is a former Lidl building built in 2017 with Lidl's signature, high-end design offering the utmost quality. While grocery stores are deed-restricted, this is an excellent opportunity for a broad range of uses, including department stores, big-box hardware stores, gyms, sports and entertainment concepts, and more. It is equipped with a commercial kitchen with freezer and refrigerator space, ideal for unique schemes to incorporate food service. Additional features include two loading docks, ample parking, and a prominent monument sign.
- Fully Built-Out as Standard Retail Space
- Space is an outparcel at this property
- 2 Loading Docks
- Anchor Space
- Freezer Space
- High Ceilings
- Former Lidl Grocery
- Directly across from Walmart Supercenter
- Grocery Store Use is Deed Restricted
- Flexible TI
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Matterport 3D Tour
Property Facts
| Total Space Available | 39,375 SF | Gross Leasable Area | 39,375 SF |
| Property Type | Retail | Year Built | 2017 |
| Property Subtype | Freestanding | Parking Ratio | 7.62/1,000 SF |
| Total Space Available | 39,375 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 39,375 SF |
| Year Built | 2017 |
| Parking Ratio | 7.62/1,000 SF |
About the Property
553 US-70 W in Havelock, NC offers a premier retail leasing opportunity along one of Eastern North Carolina’s busiest commercial corridors. Positioned directly on US Highway 70 with exposure to approximately 31,500 vehicles per day, this former Lidl building provides exceptional visibility, access, and functionality for retailers, entertainment users, fitness concepts, and destination-oriented businesses seeking space near Marine Corps Air Station Cherry Point. The ±39,375-square-foot commercial property was purpose-built by Lidl and features high-quality construction rarely found in second-generation retail space. The building includes a commercial kitchen, freezer and refrigerator space, two loading docks, expansive parking, and a large monument sign at a signalized intersection. Grocery store use is deed-restricted, opening the door for a wide range of alternative retail, recreational, and service-oriented concepts. Located in the heart of Havelock’s primary retail corridor, 553 US-70 W is surrounded by national retailers and major traffic drivers including Walmart Supercenter, Planet Fitness, CVS, and multiple restaurants. The property also benefits from immediate connectivity to Slocum Road, which provides direct access to Marine Corps Air Station Cherry Point — the region’s largest economic engine and employer. The Havelock, North Carolina market continues to experience positive demographic and housing trends. According to Realtor.com housing data, median home values in Havelock increased 15.9% and median rents increased 18.9% between Q4 2022 and Q4 2025, reflecting continued residential growth and consumer demand throughout the trade area. This flexible commercial space in Havelock, NC is ideal for: Hardware stores Farm and agricultural supply retailers Sporting goods stores Indoor pickleball facilities Family entertainment centers Fitness concepts Furniture retailers Discount retail Medical or specialty service users Destination retail concepts With tenant improvement allowance available based on deal structure and tenant credit, 553 US-70 W represents one of the best large-format retail opportunities near Cherry Point and along the US-70 corridor in Eastern North Carolina.
- Fenced Lot
- Freeway Visibility
- Pylon Sign
- Signage
- Signalized Intersection
- Kiosk/Cart Space
- Storage Space
- Monument Signage
- Air Conditioning
Demographics
Demographics
Nearby Major Retailers
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553 US-70 W
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