Asheboro Retail for Sale - SE Randolph County
**BELOW-MARKET IN-PLACE RENTS | RENEWAL PROBABILITY & UPSIDE**
- AT&T and Mattress Warehouse are both operating below current market rental rates, creating a compelling incentive for long-term tenancy while providing investors with meaningful mark-to-market upside upon future lease rollover.
**NEW 15-YEAR CHASE LEASE | INVESTMENT-GRADE CREDIT ANCHOR**
- Chase The property is anchored by a newly executed 15-year lease with Chase Bank, providing long-term income stability backed by JPMorgan Chase (NYSE: JPM), the largest bank in the United States with approximately $4.3 trillion in assets and investment-grade credit ratings.
**100% LEASED TO NATIONAL TENANCY | DIVERSIFIED INCOME STREAM**
- The center is fully leased to Chase Bank, AT&T, and Mattress Warehouse, providing diversified cash flow from nationally recognized operators across the banking, telecommunications, and home furnishings sectors.
**RECENTLY RENOVATED ASSET | LIMITED LANDLORD RESPONSIBILITIES**
- Following a comprehensive 2026 renovation, the property offers investors a well-maintained asset with limited landlord responsibilities for roof and structure, reducing management intensity and near-term capital expenditure requirements.
**1.7 MILLION SF RETAIL CORRIDOR | DOMINANT TRADE AREA POSITIONING**
- The property is strategically located within Asheboro's primary retail corridor, surrounded by approximately 1.7 million square feet of retail and numerous national retailers including Walmart, Lowe's, Aldi, Ross, Hobby Lobby, Chick-fil-A, Marshalls, and Planet Fitness.
**TOP-PERFORMING NATIONAL RETAILERS IN TRADE AREA**
- The surrounding retail corridor is home to several top-performing locations nationwide per Placer.ai, including Chick-fil-A (Top 1%), Harbor Freight (Top 11%), Mattress Warehouse (Top 17%), and Aldi (Top 23%), validating the strength of the underlying real estate and consumer demand within the trade area.
