East Towne Plaza

Investment Highlights

  • Food Lion Grocery Anchored Center
  • Food Lion Sales Over $10,000,000 Annually
  • Stabilized (97% Occupied)
  • Located in an Advantageous Enterprise Zone
  • Food Lion Revenue Alone Covers the Debt Service
  • New Food Lion Rood in 2016 (Under Warranty)
  • New Parking Lot Sealcoat & Restripe in 2018

Offering Summary

  • Price: $6,050,000
  • CAP: 7.64%
  • Occupancy: 97%
  • GLA: 64,774 Square Feet
  • Site Area: 8.67 Acres
  • Cost Per Square Foot: $93.40

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