Grocery Anchored Shopping Center - Value-Add
$3,925,000
McDowell County, NC
6.5
Cap Rate
81,335 sqft
Building Size
Details:
Description:
VALUE-ADD OPPORTUNITY – With 70% occupancy, the property offers significant upside potential through lease-up of vacant space, increasing rental income and overall asset value.
STRONG GROCER – Regional grocer with over 40 locations throughoput the Southeast.
BRAND NAME TENANT LINE-UP - several other brand name tenants at the center includeing Aarons, Dollar Tree, H&R Block, and more.
EXTENSIVE FRONTAGE FOR MAXIMUM EXPOSURE – With exceptional footage, the property enjoys excellent visibility, enhancing its appeal to tenants and increasing customer traffic.
BELOW REPLACEMENT COST PURCHASE – Acquire the property at a price well below replacement cost, offering a built-in financial advantage and protection against market shifts.
EXPANSION & REDEVELOPMENT POTENTIAL – The large lot size provides opportunities for future expansion or redevelopment, increasing long-term property value.
Location

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