1300 E Broad Ave | Rockingham, NC 28379
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- LoopNet Team
1300 E Broad Ave
Rockingham, NC 28379
Value-Add | Lowe's Shadow Retail · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 60,707-SF retail center shadow-anchored by a high-performing Lowe’s Home Improvement in Rockingham, NC.
- Fully leasing the space at $6 PSF with reimbursements, this centers NOI will grow from $100639 with growth to $336,444.
- This Lowe’s Shadow is well located on E Broad Ave (19,500 VPD) which is the primary retail corridor in Rockingham.
- The center is 67% leased, offering an immediate upside opportunity for an investor.
- The center is currently leased to a variety of tenants, including Dollar General (18.04% of GLA), a publicly traded (NYSE: DG) Fortune 500 company.
- Surrounded by 2.5 M SF of retail within a 1 mile radius including Walmart, Tractor Supply, Food Lion, Walgreens, and more.
PROPERTY FACTS
Property Type
Retail
Building Size
60,707 SF
Building Class
C
Year Built
1970
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
10.16 AC
PROPERTY TAXES
| Parcel Number | 747210-46-6927 | Improvements Assessment | $1,915,580 |
| Land Assessment | $558,720 | Total Assessment | $2,474,300 |
PROPERTY TAXES
Parcel Number
747210-46-6927
Land Assessment
$558,720
Improvements Assessment
$1,915,580
Total Assessment
$2,474,300
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