Investment Highlights
• Grocery Anchored Retail Center with Food Lion & CVS
• Two Strong Credit Tenants
• Two Retailers Thriving During the COVID-19 Outbreak
• Scheduled Rent Increases for CVS
• Long Term Seasoned Tenants (Since 1995)
• Priced Below Replacement Cost
• Class “A” Brick Construction
• Located on Main Retail Corridor
• Strong Traffic Counts
• Average Household Income: $66,079 (1 Mile)
Offering Summary
- Price: $4,250,000
- CAP: 7.01%
- Occupancy: 100%
- Price/SF: $113.48
- Site Area: 5 Acres
- GLA: 37,450 Sq. Ft.
Interested in this property? Call us at 317-844-0700 or email us.