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Attributes
Year Built | 1987 |
Building Area Gross |
|
Land Area Gross |
|
Occupancy | 87.9 % |
Asset Description
HIGH-PERFORMING GROCERY ANCHORED CENTER IN GROWING COASTAL CAROLINA MARKET
Investment Highlights
- ONLY GROCERY STORE WITHIN 3 MILES
- INVESTMENT GRADE CREDIT TENANCY
- COASTAL LOCATION PROMOTES HIGH BARRIERS TO ENTRY
- MARK-TO-MARKET RENT OPPORTUNITY (3%+ CAGR)
- ACQUIRE WELL BELOW REPLACEMENT COST
- OPPORTUNITY TO ACQUIRE WITH EMERALD PLANTATION FOOD LION ANCHORED CENTER (EMERALD ISLE, NC - 30 MINUTES AWAY)
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