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Off Market
1/7

16 Cherokee Crossing
Whittier, NC 28789


HIGHLIGHTS

  • Highway visibility
  • Close to Harrah's Casino

OVERVIEW

Cherokee Crossing Shopping Center is a Food Lion anchored strip center serving Swain and Jackson Counties. Food Lion is the sole grocery store on the reservation, closest competition is approximately 15 Miles away. Property being sold as a 50 year Land Lease through the Eastern Band of Cherokee Indians. It includes 10 retail spaces that currently generate a 7.3% CAP rate. The 10 spaces are 100% occupied with long-term tenants including Food Lion, Domino's, Waffle House, Arby's, First Citizens Bank, and more. This investment opportunity has a consistent financial history and is an established income producer.

FOR SALE DETAILS

PRICE

-

CAP RATE

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% LEASED

-

TENANCY

-

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

ADD'L SUBTYPES

Bank, Fast Food, Storefront

TOTAL BUILDING SIZE

63953

STORIES

1

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

385

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

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