Washington Square

719 W. 15th St.
Washington, NC 27889
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Food Lion - Belk Anchored Shopping Center

Price:$22,500,000
Building Size:245,331 SF
Property Type:Retail

Highlights

  • New 20-year Food Lion lease
  • Recent, early six-year extensions from both Belk and NC DEHNR
  • 70% corporate credit tenants
  • Ten-year historic occupancy exceeding 95%
  • Five outparcels included in sale, four of which are improved including Bank of America and Wells Fargo
  • Dominant center in the market
  • Sale Price: $22,500,000 (8.00% Cap Rate)
  • NOI: $1,806,334.48

Description

For Sale Investment Property

Location

Located at the intersection of W. 15th Street and Carolina Avenue.

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Documents


Website file type pdfFlyer - 719 W 15th St, Washington, NC (Washington Sq)
Updated 7 days ago

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