$2,500,000
( $333.33Per Sq Foot )
 $13,041 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 Site120
Listing Provided ByCarolina Summit Group, LLC | Holly Spofford Bell

Features

N/A7,500
ZoningGB
Acreage0.52

Market Activity 28387

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Learn More About This Property

Leontine Zambrano

Leontine Zambrano

Coldwell Banker Sea Coast Advantage

217058 (252) 259-0374Contact Me Form Link
StateNC
CountyMoore
CitySouthern Pines
Zip Code28387
AreaMoore
Community NameYadkin Park
Listing VS Median (in Yadkin Park)
Price:
$2,500,000
low | high
Med:
$3,500
100% of Average
SqFt:
7,500
low | high
Med:
1,860
100% of Average
$ / SqFt:
$333
low | high
Med:
$2
100% of Average
On Site:
120
low | high
Med:
215.500000
55.684454756381% of Average
Sourced by Back At You
Listing Updated: July 29, 2024 at 3:14:39 PM PDT