206-216 Commerce Ave - Storefront Retail/Office FOR SALE


Southern Pines, NC 28387
$2,500,000 USD
910-690-1065
206-216 Commerce Ave, Southern Pines, NC for Sale
$2,500,000 USD
Storefront Retail/Office - FOR SALE
1/10
null | 4.49% Cap Rate

206-216 Commerce Ave
Southern Pines, NC 28387


HIGHLIGHTS

  • Fully leased shopping center
  • Adjacent to Walmart, Lowe’s, Staples & Goodwill
  • NOI $112,296 | 4.49% cap rate

OVERVIEW

Investment opportunity at Yadkin Park, a fully leased, L-shaped, single-story shopping center strategically positioned at the intersection of Commerce Avenue & Turner Street, just seconds from the bustling Highway 15/501 & 211. This prime location ensures visibility & is bolstered by proximity to well-established businesses such as Walmart, Staples, Goodwill, & Lowe's. The center features a diverse tenant mix, including Qwik Pack & Ship, Bella Vie Hair Studio, Anthony's Barber Shop, Westhetics, Southern Pawz Grooming, & Sylvan Learning Center, creating a vibrant shopping environment. NOI $112,296 & Cap Rate 4.49%

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$335 USD /SF

CAP RATE

4.49%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Shopping Center For Sale in Southern Pines

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,651 SF

ZONING

GB

APN/PARCEL ID

8571-14-33-6878

ASK ABOUT THIS PROPERTY

Holly BellCarolina Summit Group, LLCMore Info
910-690-1065

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Holly BellCarolina Summit Group, LLCMore Info
910-690-1065

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.