1113-1121 E 11th St | Siler City, NC 27344
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1113-1121 E 11th St
Siler City, NC 27344
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- PRIME PIEDMONT CRESCENT LOCATION – Strategically situated in Siler City, Chatham County’s largest market
- RAPID POPULATION GROWTH – The surrounding area is projected to experience robust population growth exceeding 11% through 2029
- POSITIVE RENT GROWTH – Family Dollar and Little Caesar’s who has been at this location since 2014 and 2017, respectively, and occupy 70% of the center
- STRONG TENANT ROSTER – Fully leased to a strong tenant roster with over 80% national brands, including Family Dollar, Jersey Mike’s
- PRIME FRONTAGE AND VISIBILITY – Located along US Hwy 64, one of Chatham County’s most heavily trafficked highways
- FINANCEABLE METRICS – Lenders prefer strip centers with national tenants and 5+ year average leases, both of which this property offers.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
14,900 SF
Building Class
C
Year Built
2006
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
1.62 AC
Zoning
C - Commercial
Parking
85 Spaces (6.34 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Signage
- Drive Thru
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 61275 | Improvements Assessment | $925,952 |
| Land Assessment | $232,095 | Total Assessment | $1,158,047 |
PROPERTY TAXES
Parcel Number
61275
Land Assessment
$232,095
Improvements Assessment
$925,952
Total Assessment
$1,158,047
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