7878-7892 Idlewild Rd - Retail FOR SALE


Indian Trail, NC 28079
$3,450,000 USD
7878-7892 Idlewild Rd, Indian Trail, NC for Sale
$3,450,000 USD
Retail - FOR SALE
1/16
null | 6.26% Cap Rate

7878-7892 Idlewild Rd
Indian Trail, NC 28079


HIGHLIGHTS

  • 100% Occupancy with Stable Cash Flow
  • Prime Location in Growing Market
  • Long-Term Leases

OVERVIEW

Discover a fully leased, 13,717 SF retail strip center in the thriving Union County submarket. Delivering a robust $215,902 NOI and a 6.26% cap rate, this 1.98-acre property features a diverse tenant mix—including Bagel Gram, Christian Adoption Services, and Medicare Pharmacy—with leases extending through 2025-2028. Strategically located near the Monroe Bypass, Idlewild Commons benefits from strong demographics, with a 2.6% annual population growth and a median household income of $87K+ within 2 miles. Perfect for investors seeking stable cash flow in a high-demand suburban market. Tenants are on modified gross leases with between 2-3% escalations.

FOR SALE DETAILS

PRICE

$3,450,000 USD

PRICE/SF

$252 USD /SF

CAP RATE

6.26%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Pointe at Idlewild Commons

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Restaurant, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

76

LAND DETAILS

LAND ACRES

1.98 AC

LAND SF

86,249 SF

ZONING

B4

APN/PARCEL ID

07-060-097-A

ASK ABOUT THIS PROPERTY

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