$333.33 Per Sq Foot $13,421 est/mo Sourced by Back At You

206 Commerce Avenue,Southern Pines, NC 28387

Southern Pines NC, 28387

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Description

Value Add opportunity at Yadkin Park, a fully leased, L-shaped, single-story shopping center strategically positioned at the intersection of Commerce Avenue and Turner Street, just seconds from the bustling Highway 15/501 and 211. This prime location ensures high visibility and is bolstered by proximity to well-established businesses such as Walmart, Staples, Goodwill, and Lowe's. The center features a diverse tenant mix, including Qwik Pack & Ship, Bella Vie Hair Studio, Anthony's Barber Shop, and Imagine Moore Events, creating a vibrant shopping environment. Current NOI $51,997 & Cap Rate 2.08%

Details

MLS#100449551
Listing TypeFor Sale
StatusActive
Year1986
Days On Site41
Listing Provided ByCarolina Summit Group, LLC | Holly Spofford Bell
Buying Commision2%

Features

SQ Feet7,500
ZoningGB
Acreage0.52

Market Activity 28387

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Listings Checked: 5 minutes ago
StateNC
CountyMoore
CitySouthern Pines
Zip Code28387
AreaMoore
Community NameYadkin Park
Listing VS Median (in Yadkin Park)
Price:
$2,500,000
low | high
Med:
$0
On Site:
41
low | high
Med:
Sourced by Back At You
Listing Updated: June 28, 2024 at 3:23:48 PM PDT