This Property is no longer advertised on Showcase.com.
Off Market
1/14

220 W Kings Hwy
Eden, NC 27288


HIGHLIGHTS

  • Priced at less than replacement cost
  • 8.5% Cap Rate
  • NOI $593,644
  • Just opened Planet Fitness with 10 year lease & 2 x 5 year options
  • National & Local Tenants
  • High performing Dollar Tree

OVERVIEW

Comprising of 115,000 SF of retail space with ample parking our in-demand shopping center has limited availability. The center sits in the heart of Eden’s dynamic retail district. It has a tenant make up consisting of large Nationals and local vendors. Amongst the Nationals is a recently opened Planet Fitness with a 10-year lease and multiple options. The local tenants include an independent movie theatre which brings a lot of local traffic to the center. In close proximity to the Morehead Day Hospital and UNC Rockingham Healthcare, the center’s current Tenants include Planet Fitness, Peebles, Badcock Furniture and Dollar Tree. A few other vendors in the area are Walmart, Food Lion, Biscuitville, Wells Fargo Bank, and McDonalds.

FOR SALE DETAILS

PRICE

-

CAP RATE

-

% LEASED

-

TENANCY

-

BUILDING DETAILS

PROPERTY NAME

Kingsway Plaza

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

115000

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

355

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

141532