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29493230
29493231

1108 Aberdeen Rd, Laurinburg, NC 28352

ST
NC 312506, SC 142725
C.F. Smith Property Group
Listed by C.F. Smith Property Group
$2,825,000
152 days on market
Updated 6 days ago

Northside Square

Details
APN 02030501062
Property Type Office, Retail
Sub Type Grocery Store, Shopping Center
Square Footage 43,330
Units 6
Cap Rate 7.94%
NOI $224,352
Occupancy 100%
Tenancy Multi
Brand/Tenant Family Dollar, Food Lion
Lease Type NN
Rent Bumps Yes
Price per SqFt $65
Broker Co-Op Yes
Class B
Year Built 1987
Buildings 1
Stories 1
Acreage 6.320
Zoning GB
Parking Spaces 207 spaces
Parking Per SqFt 4.78
Investment Type Stabilized
Tenant Credit No Credit Rating, Credit Rated
Ground Lease No
Ownership EIRE CAPITAL

Office | 7.94% CAP | 43,330 SqFt

Marketing description

Located in the Path of Significant Regional Growth

  • Laurinburg is strategically located on Interstate 74, positioned between Charlotte and Wilmington, two of North Carolina’s fastest-growing metros.

  • The region is experiencing substantial economic expansion across healthcare, industrial, and transportation sectors—strengthening retail demand and expanding the consumer base.

Investment highlights

At the center of this property’s success is Food Lion, a household name in the Southeast and a top-performing operator.

  • 35-year history at the center

  • Reported sub–2% health ratio since 2020 — indicating exceptional store performance

  • Current lease term through July 2028

  • Additional 15 years of options with contractual rent increases

Family Dollar has also anchored the center for over 24 years, reinforcing the site’s long-term retail appeal.

Long-tenured anchors reflect strong consumer loyalty and dependable retail fundamentals.

Listing Contacts

ST
NC 312506, SC 142725
C.F. Smith Property Group
Listed by C.F. Smith Property Group

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$224,352.00
$18,696.00/mo

Valuation Metrics

0
DSCR
7.94%
Cap Rate
7.94%
ROI

Map

Zoning

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GB CommercialGeneral CommercialGeneral Business District
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Last updated Jun 24, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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Additional Information

Name
Steve Trythall
License
312506
Brokerage
C.F. Smith Property Group LLC
Brokerage Phone
910-997-2544
Title
Director of Brokerage Services
Brokerage Address
100 Magnolia Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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