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31227946
31227947

3044 S Horner Blvd, Sanford, NC 27332

AQ
NC NC 230420
Berkeley Capital Advisors Charlotte
WW
NC 276949, GA 380518 (+1)
Berkeley Capital Advisors Charlotte
DW
NC 203235
Berkeley Capital Advisors Charlotte
RW
NC 76356 FL 012410973 MS 22649
Berkeley Capital Advisors Asheville
Berkeley Capital Advisors Charlotte
Listed by Berkeley Capital Advisors Charlotte, Berkeley Capital Advisors Asheville
Unpriced
75 days on market
Updated 75 days ago

The Shops at Cameron Place

Details
Property Type Retail
Sub Type Shopping Center
Square Footage 151,769
Occupancy 99%
Tenancy Multi
Brand/Tenant AT&T, Hobby Lobby (+7)
Year Built 2014
Buildings 6
Stories 1
Acreage 23.300
Investment Type Value Add

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

Listing Contacts

AQ
NC NC 230420
Berkeley Capital Advisors Charlotte
WW
NC 276949, GA 380518 (+1)
Berkeley Capital Advisors Charlotte
DW
NC 203235
Berkeley Capital Advisors Charlotte
RW
NC 76356 FL 012410973 MS 22649
Berkeley Capital Advisors Asheville
Berkeley Capital Advisors Charlotte
Listed by Berkeley Capital Advisors Charlotte, Berkeley Capital Advisors Asheville

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Additional Information

Name
Alex Quarrier
License
NC 230420
Brokerage
Berkeley Capital
Title
Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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