23 NC-98 Hwy - Freestanding FOR SALE


Bunn, NC 27508
$3,718,000 USD
310-808-3596
23 NC-98 Hwy, Bunn, NC for Sale
$3,718,000 USD
Freestanding - FOR SALE
1/3
null | 6.82% Cap Rate

23 NC-98 Hwy
Bunn, NC 27508


HIGHLIGHTS

  • Fully stabilized retail asset featuring six local and regional tenants, each with term through at least 2028.
  • Bunn has seen a record 307% population increase from 2000-2022 and is the 8th fastest growing city in NC.
  • Shadow anchored by a strong performing Food Lion, which according to Placer. ai., is ranked in the 74th percentile of all Food Lion’s nationwide.

FOR SALE DETAILS

PRICE

$3,718,000 USD

PRICE/SF

$322 USD /SF

CAP RATE

6.82%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bunn Crossing

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

78

LAND DETAILS

CROSS STREETS

NC-39 Hwy

LAND ACRES

1.58 AC

LAND SF

68,825 SF

ZONING

C-3

APN/PARCEL ID

036146

ASK ABOUT THIS PROPERTY

Devon DykstraBerkeley Capital AdvisorsMore Info
310-808-3596

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Devon DykstraBerkeley Capital AdvisorsMore Info
310-808-3596

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