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302 N Pierce St
Eden, NC 27288
Meadow Road Plaza · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • RARE OPPORTUNITY to acquire a fully stabilized multi-tenant retail strip center in North Carolina at a 7.75% Cap Rate.
  • NO DEFERRED MAINTENANCE: HVAC units were replaced throughout the center in 2014 with new Carrier units.
  • BELOW REPLACEMENT COST at $120/SF this asset is priced below replacement costs.

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,000 SF
Building Class
C
Year Built
1999
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
0.51 AC
Zoning
HB - Highway Business
Parking
38 Spaces (7.6 Spaces per 1,000 SF Leased)

AMENITIES

  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
108155
Land Assessment
$87,868
Improvements Assessment
$259,986
Total Assessment
$347,854
  • Listing ID: 21121176

  • Date on Market: 10/2/2020

  • Last Updated:

  • Address: 302 N Pierce St, Eden, NC 27288

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