Listed by Marcus & Millichap - Raleigh, Marcus & Millichap - Charleston
$3,300,000
The Village Shoppes
Details
Property Type Retail
Sub Type QSR/Fast Food, Shopping Center
Square Footage 12,075
Net Rentable (SqFt) 12,075
Units 7
Occupancy 100%
Tenancy Multi
Brand/Tenant Little Caesars
Price per SqFt $273
Year Built 2007
Buildings 2
Stories 1
Acreage 2.000
Retail | 12,075 SqFt
Investment highlights
- 12,075 Square Foot Retail Center | Corner Location | 100% Leased | Built in 2007
- Positioned at the Entrance to Walmart Supercenter | Top 10 Walmart in 30-Mile Radius | 2.5M+ Annual Customer Visits (Source: Placer Ai)
- Two (2) Buildings | Multi-Tenant Retail Strip and Free Standing QSR w/ Drive Thru
- Tenants Include: Little Ceasars Pizza (Drive Thru), Pet Groomer, Dentist, Music/Dance School
- Multi-Tenant Building Designed for Seven (7) Tenants | Average Suite Size of 1,450 SF
- Significant Upside | Avg Rents in Shop Spaces: $14.43/SF | 5-Yr CAGR: 5.50 | No Renewal Options on 85% of GLA
- Dense and Affluent Demographics: 5-Mi Population: 113,000+, 5-Mi.Avg Incomes: $130,000+
Listing Contacts
Listed by Marcus & Millichap - Raleigh, Marcus & Millichap - Charleston
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