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.
PROPERTY 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
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