The Shops at Cameron Place
The Shops at Cameron Place | 2.55% 10-Yr CAGR | Sanford, NC | 151,769 SqFt
Marketing description
The Shops at Cameron Place is a 151,796-square-foot, 99%-occupied retail center anchoring the primary retail corridor of Sanford, North Carolina. Positioned on South Horner Boulevard (27,000 VPD), the property is anchored by Hobby Lobby, Marshalls, Ross Dress for Less, and Petco, all original tenants, with national retailers representing over 79% of total GLA.
The Center’s six-building configuration, diverse tenant mix, and near-term rollover upside offer an investor stable anchored cash flow today with multiple levers for meaningful NOI growth. The underwritten 10-year CAGR is 2.55% with 28.66% of NOI growth over that same hold period.
Investment highlights
Strong National Tenant Lineup
Primary Retail Corridor
Ingress, Egress & Frontage
Wide Trade Area
Spin Off Possibilities
Long-term Tenant Control & Commitment
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