Multitenant Shopping Center Sanford, NC

3110 S Horner Blvd
Sanford, NC

Price: $3,765,500
Cap Rate: 7.00%
NOI: $263,577
Building Size: Approx. 10,400 Sq. Ft.
Lot Size: Approx. 2.32 Acres
Type: Multi-Tenant / Retail
Sub Category: Retailer
Year Built: 2019

Investment Overview

  • 2019 Construction. 10,400 +/- SF Building on 2.32+/- Acre Site
  • Fully Occupied Four Unit Multi-Tenant Shopping Center
  • Signature Property is Strategically Located off of South Horner Blvd (29,955 VPD)
  • Extremely Dense Retail Area w/ Numerous National Tenants Including Walmart
  • Sanford is on the Verge of a Population Boom w/ 6,000 Homes Currently Being Built
  • Two Large Residential Developments Coming to the Area Adding Over 1,000 Residential Lots
  • Sanford  |  40 Minutes from Raleigh  |  Population: 31,000+