100 Plank Bridge Rd 11,120 SF 100% Leased Retail Building Camden, NC 27921 $2,642,266 ($237.61/SF) 7.15% Cap Rate

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 acreage provides for another 3,000 square foot building ready for build. Parking area already in place. The property is well-positioned along a retail corridor, providing convenient access and a strong stream of customer traffic. 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. It is located along major transportation corridors, including U.S. 158 and NC 343, which the NCDOT plans to improve.