Masonboro Commons Food Lion

  • Grocery Anchored Retail Center
  • Long Term Ground Lease
  • Planet Fitness Junior Anchor
  • Class “A” Brick Construction
  • 100% Occupied
  • Minimal Near Term lease Rollover
  • Potential Outlot Pad Included
  • New Roof Over Food Loin
  • New Parking Lot & Stripping
  • New Pylon Sign
  • Located Near the Coast
  • Signalized Entrance
  • Strong Traffic Counts
  • Average HH Income: $79,000+

Offering Summary

  • Price: $5,000,000
  • Cap Rate: 7.60%
  • GLA: 52,830 Sq. Ft.
  • Price Per Square Foot: $94.64
  • Occupancy: 100%
  • Site Area: 5.89 Acres

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