610-712 Chief Martin St | Madison, NC 27025
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- LoopNet Team
610-712 Chief Martin St
Madison, NC 27025
Rockingham Square Shopping Center · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Great Opportunity For Potential Investors to Acquire a Value-Add Shopping Center in the Growing State of North Carolina
- The Center Sits in the Primary Retail Node of the Town With Other Notable Tenants Including: Tractor Supply, McDonald’s and More
- This Provides Significant Upside to a New Investor to Raise Rents and Convert All of the Tenants to NNN Leases
- This Center Provides an Excellent Opportunity to Redevelop the Site Being Significantly Below Replacement Cost
- The Property Has a Signalized Entrance Along Highway Street Seeing 13,057 VPD
- The Property is Just Over a 30-Minute Drive North of Greensboro, NC
PROPERTY FACTS
Property Type
Building Size
73,717 SF
Building Class
C
Year Built
1978
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
8.85 AC
Zoning
C - Commercial
Parking
290 Spaces (3.8 Spaces per 1,000 SF Leased)
Frontage
615’ on Chief Martin Street
PROPERTY TAXES
| Parcel Number | 172669 | Improvements Assessment | $300,083 |
| Land Assessment | $550,246 | Total Assessment | $850,329 |
PROPERTY TAXES
Parcel Number
172669
Land Assessment
$550,246
Improvements Assessment
$300,083
Total Assessment
$850,329
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