Shopping Strip
The Village Shoppes
323 Unionville Indian Trail Rd, Indian Trail, NC 28079
Listing Price: $3,300,000
Cap Rate
5.50%
Gross SF
12,075
Rentable SF
12,075
Price/Gross SF
$273.29
Lot Size
2.02 acres
Year Built
2007
Investment Overview
Marcus & Millichap is pleased to present for sale The Village Shoppes located in Indian Trail, North Carolina.
The Village Shoppes
Investment Highlights
- 12,075 Square Foot Retail Center | Corner Location | 100% Leased | Built in 2007
- Positioned at the Entrance to Walmart Supercenter | Top 10 Walmart in 30-Mile Radius | 2.5M+ Annual Customer Visits (Source: Placer Ai)
- Two (2) Buildings | Multi-Tenant Retail Strip and Free Standing QSR w/ Drive Thru
- Tenants Include: Little Ceasars Pizza (Drive Thru), Pet Groomer, Dentist, Music/Dance School
- Multi-Tenant Building Designed for Seven (7) Tenants | Average Suite Size of 1,450 SF
- Significant Upside | Avg Rents in Shop Spaces: $14.43/SF | 5-Yr CAGR: 5.50 | No Renewal Options on 85% of GLA
- Dense and Affluent Demographics: 5-Mi Population: 113,000+, 5-Mi.Avg Incomes: $130,000+
Exclusively Listed By
Financing By
Listing Price: $3,300,000
Cap Rate
5.50%
Gross SF
12,075
Rentable SF
12,075
Price/Gross SF
$273.29
Lot Size
2.02 acres
Year Built
2007
Investment Highlights
- 12,075 Square Foot Retail Center | Corner Location | 100% Leased | Built in 2007
- Positioned at the Entrance to Walmart Supercenter | Top 10 Walmart in 30-Mile Radius | 2.5M+ Annual Customer Visits (Source: Placer Ai)
- Two (2) Buildings | Multi-Tenant Retail Strip and Free Standing QSR w/ Drive Thru
- Tenants Include: Little Ceasars Pizza (Drive Thru), Pet Groomer, Dentist, Music/Dance School
- Multi-Tenant Building Designed for Seven (7) Tenants | Average Suite Size of 1,450 SF
- Significant Upside | Avg Rents in Shop Spaces: $14.43/SF | 5-Yr CAGR: 5.50 | No Renewal Options on 85% of GLA
- Dense and Affluent Demographics: 5-Mi Population: 113,000+, 5-Mi.Avg Incomes: $130,000+
Investment Overview
Marcus & Millichap is pleased to present for sale The Village Shoppes located in Indian Trail, North Carolina.
Exclusively Listed By
Financing By
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