55 Ford Meadows Dr - Retail FOR SALE


Garner, NC 27529
$6,460,000 USD
704-714-2363
55 Ford Meadows Dr, Garner, NC for Sale
$6,460,000 USD
Retail - FOR SALE
1/6
null | 5.25% Cap Rate

55 Ford Meadows Dr
Garner, NC 27529


HIGHLIGHTS

  • 2024 new construction | Desirable lease term | 23 years remaining
  • Corporate lease | Food Lion, LLC | 1,100 locations across the U.S.
  • Significant tenant investment | Food Lion invested several million dollars into the construction of their building improvements
  • Explosive population growth within 1-mile | 142.72% from 2010-2025
  • Affluent surrounding area | $123,716 average household income within a 3-mile radius
  • Large parcel | 6.44 acres

OVERVIEW

Carl Brendes and Ransome Foose of Berkeley Capital Advisors are pleased to present for sale Food Lion Ground Lease in Garner, NC. We welcome your review of this attractive investment.

FOR SALE DETAILS

PRICE

$6,460,000 USD

PRICE/SF

$180 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Food Lion | Ground Lease

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

186

LAND DETAILS

LAND ACRES

6.44 AC

LAND SF

280,526 SF

ZONING

Commercial

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Carl BrendesBerkeley Capital AdvisorsMore Info
704-714-2363

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Carl BrendesBerkeley Capital AdvisorsMore Info
704-714-2363

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