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Shopping Strip

Camden Towne Center

100 Plank Bridge Rd, Camden, NC 27921

Listing Price: $2,492,466

Cap Rate
7.50%
Gross SF
11,120
Rentable SF
11,120
Price/Gross SF
$224.14
Lot Size
2.52 acres
Year Built
2016

Investment Overview

Marcus and Millichap is pleased to present 100 Plank Bridge Rd, a fully occupied retail
center located in Camden, NC. This 11,120 square foot retail center presents a fully leased
investment opportunity, featuring five diverse tenants all of which are on NNN leases.
Situated on 2.52 acres and delivered in 2016, the property has been meticulously
maintained.

The property is well-positioned along a retail corridor, providing convenient access and a
strong stream of customer traffic. It also offers a significant advantage being accessible
from both U.S. 158 and NC 343. Nearby public schools within a quarter mile include a
primary, intermediate and high schools. Camden County administrative offices,
courthouse, social services, clerk of court, senior center and the library are adjacent to
the property.

Strategically based in Camden, North Carolina, the center benefits from strong regional
demographics and growing consumer demand. The Elizabeth City, NC Micropolitan
Statistical Area (MSA) is is a statistical area defined by the U.S. Census Bureau, centered
around Elizabeth City in Pasquotank County, NC. It is part of the larger Virginia Beach Norfolk, VA-NC Combined Statistical Area.

Employers in the area include; Academi, C&L Concrete, and Forbs Sand
Company. Camden, NC offers a favorable business climate, with ongoing investments in
infrastructure, retail, and residential development. Its location along major transportation
corridors, including U.S. 158 and NC 343, which the NCDOT plans to improve.

Investment Highlights

  • Fully Leased Retail Center in Excellent Condition
  • Excellent Visibility and Convenient Access - U.S. 158 and NC 343
  • Three public schools, county courthouse, administrative services. library, senior center adjacent to property.

Exclusively Listed By

Financing By

Shopping Strip

Camden Towne Center

Listing Price: $2,492,466

Cap Rate
7.50%
Gross SF
11,120
Rentable SF
11,120
Price/Gross SF
$224.14
Lot Size
2.52 acres
Year Built
2016

Investment Highlights

  • Fully Leased Retail Center in Excellent Condition
  • Excellent Visibility and Convenient Access - U.S. 158 and NC 343
  • Three public schools, county courthouse, administrative services. library, senior center adjacent to property.

Investment Overview

Marcus and Millichap is pleased to present 100 Plank Bridge Rd, a fully occupied retail center located in Camden, NC. This 11,120 square foot retail center presents a fully leased investment opportunity, featuring five diverse tenants all of which are on NNN leases. Situated on 2.52 acres and delivered in 2016, the property has been meticulously maintained. The property is well-positioned along a retail corridor, providing convenient access and a strong stream of customer traffic. It also offers a significant advantage being accessible from both U.S. 158 and NC 343. Nearby public schools within a quarter mile include a primary, intermediate and high schools. Camden County administrative offices, courthouse, social services, clerk of court, senior center and the library are adjacent to the property. Strategically based in Camden, North Carolina, the center benefits from strong regional demographics and growing consumer demand. The Elizabeth City, NC Micropolitan Statistical Area (MSA) is is a statistical area defined by the U.S. Census Bureau, centered around Elizabeth City in Pasquotank County, NC. It is part of the larger Virginia Beach Norfolk, VA-NC Combined Statistical Area. Employers in the area include; Academi, C&L Concrete, and Forbs Sand Company. Camden, NC offers a favorable business climate, with ongoing investments in infrastructure, retail, and residential development. Its location along major transportation corridors, including U.S. 158 and NC 343, which the NCDOT plans to improve.

Exclusively Listed By

Financing By

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