Available For Sale - Retail

10,908 SF

Retail Space in Hope Mills for sale

AVAILABILITY DETAILS

Size
10,908 SF
Price/SF
N/A - Contact for Info
Listing ID
SA481392
Notes
Description

Lee & Associates is pleased to exclusively offer a 10,908 SF two-tenant retail building situated on approximately 3.72 acres in Hope Mills, NC – a component of the Fayetteville MSA. The property is fully leased to two, nationally recognized tenants - Verizon and Pet Supplies Plus. The net leases feature rental increases in the base term and each option period. Verizon’s rent increases 2% annually and Pet Supplies Plus rent increases 10% every 5 years. The property is strategically located at the inter-section of North Main Street (34,000 VPD) and Camden Road (25,000 VPD). Ingress and egress are excellent with access to Camden Road and North Main Street. The property benefits from a location across the street from a Walmart Supercenter and a Food Lion anchored shopping center. Other complementary retailers and traffic generators in the immediate vicinity include Lowe’s, Roses, CATO, Chick-fil-a, O’Reilly, McDonalds, and many others. The demographics within a 5-mile radius include a population of 112,877 with an average household income of $61,675.

Highlights

10,908 SF Retail Available for Sale

Cumberland County

Raleigh-Durham Submarket

Built in 1998
Uses
Retail

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Tim Head, Lee & Associates - Atlanta