206 Commerce Avenue, Southern Pines
$2,500,000
MLS Number:
100449551Built:
1986Sq Ft:
7500Listing Date:
Jun 10, 2024
100449551Built:
1986Sq Ft:
7500Listing Date:
Jun 10, 2024
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%
Address: 206 Commerce Avenue
City: Southern Pines
State: NC
Zip: 28387
Area: Yadkin Park
Lot Size: 0.52 acres
Property Type: Commercial
Sub Type: Commercial,Shopping Center,Retail
Sale or Lease: Sale
Listing Office: Carolina Summit Group, LLC
