First Street Station

Investment Highlights

  • Grocery Anchored Center
  • Kroger Subsidiary
  • Investment Grade Credit Rating
  • Moody’s Credit Rating: Baa1
  • Value add Opportunity
  • 45% Economic Vacancy
  • Below Market Rents
  • Priced below Replacement Cost
  • Cost Per Square Foot Only $32
  • Hard Corner Location in Abermarle
  • Central Location in Abermarle
  • Easy Ingress/Egress
  • Class “A” Brick Construction
  • County Seat of Stanly County

Offering Summary

  • Price: $1,700,000
  • CAP Rate: 8.57%
  • Occupancy: 70%
  • Cost Per Square Foot: $32.55
  • GLA: 52,260 Square Feet
  • Site Area: 6.28 Acres

Request More Information

Request More Property Details

Interested in this property? Request a full marketing package from us.
  • This field is for validation purposes and should be left unchanged.
Interested in this property? Call us at 317-844-0700 or email us.