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- LoopNet Team
220 W Kings Hwy
Eden, NC 27288
Kingsway Plaza · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Priced at less than replacement cost
- NOI $593,644
- National & Local Tenants
- 8.5% Cap Rate
- Just opened Planet Fitness with 10 year lease & 2 x 5 year options
- High performing Dollar Tree
PROPERTY FACTS
AMENITIES
- Bus Line
- Signage
ABOUT 220 W KINGS HWY , EDEN, NC 27288
Comprising of 115,000 SF of retail space with ample parking our in-demand shopping center has limited availability. The center sits in the heart of Eden’s dynamic retail district. It has a tenant make up consisting of large Nationals and local vendors. Amongst the Nationals is a recently opened Planet Fitness with a 10-year lease and multiple options. The local tenants include an independent movie theatre which brings a lot of local traffic to the center. In close proximity to the Morehead Day Hospital and UNC Rockingham Healthcare, the center’s current Tenants include Planet Fitness, Peebles, Badcock Furniture and Dollar Tree. A few other vendors in the area are Walmart, Food Lion, Biscuitville, Wells Fargo Bank, and McDonalds.
PROPERTY TAXES
| Parcel Number | 141532 | Improvements Assessment | $1,841,592 |
| Land Assessment | $805,585 | Total Assessment | $2,647,177 |
PROPERTY TAXES
