336-314-6100
90 Cape Fear Dr, Whitsett, NC for Sale
Storefront - FOR SALE
1/22
null | Request Cap Rate

90 Cape Fear Dr
Whitsett, NC 27377
Outer Guilford


HIGHLIGHTS

  • Located at a signalized intersection along Highway 70 East, offering strong visibility and accessibility.
  • Built in 2008 with modern construction and functional bay sizes of approximately 20 feet wide by 60 feet deep.
  • 76% occupancy with upside potential as most tenants are on month-to-month leases.
  • Ample on-site parking with 59 spaces, equating to 5 spaces per 1,000 SF.
  • Zoned for shopping center use within a growing residential and commercial trade area.
  • Positioned within Lindley Park Commons alongside national and regional tenants, enhancing consumer draw.

OVERVIEW

This income-producing retail strip center offers a strong investment opportunity in the growing Whitsett market. Positioned at the corner of Cape Fear Drive and Burlington Road (Highway 70 East), the property benefits from excellent visibility and convenient access to surrounding residential communities and regional traffic corridors. Built in 2008, the center spans approximately 11,816 square feet on 1.09 acres and is currently 76% occupied, providing immediate cash flow with significant upside potential. Approximately 80% of the tenants are on month-to-month leases, creating flexibility for rent adjustments or repositioning strategies. The property features a well-designed layout with multiple bays, ample parking with 59 spaces (5 per 1,000 SF), and zoning for shopping center use. Its location within Lindley Park Commons ensures strong co-tenancy and consistent consumer traffic. This asset is ideal for investors seeking a stabilized property with room for income growth in a high-demand retail corridor.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lindley Park Commons

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

68

LAND DETAILS

LAND ACRES

1.09 AC

LAND SF

47,480 SF

ZONING

SC

APN/PARCEL ID

0103399

ASK ABOUT THIS PROPERTY

JJ Joubran, CCIM, SIORJoubran Commercial PropertiesMore Info
336-314-6100

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JJ Joubran, CCIM, SIORJoubran Commercial PropertiesMore Info
336-314-6100

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