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%
Mls | 100449551 |
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Listing Type | For Sale |
Subtype | Resale |
Status | Active |
Year | 1986 |
Days On Site | 185 |
Listing Provided By | Carolina Summit Group, LLC | Holly Spofford Bell |
Sq Feet | 7,500 |
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Zoning | GB |
Acreage | 0.52 |
State | NC |
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County | Moore |
City | Southern Pines |
Zip Code | 28387 |
Area | Moore |
Community Name | Yadkin Park |
Listing VS Median (in Yadkin Park) | |
Price: $2,500,000 low | high Med: $3,500 SqFt: 7,500 low | high Med: 1,860 $ / SqFt: $333 low | high Med: $2 On Site: 185 low | high Med: 280.500000 |