Plymouth Shopping Center
Commercial Retail Building in Plymouth, NC - Great Visibility
Marketing description
High-Occupancy Retail Investment Opportunity in Plymouth, NC:
This property is a highly desirable, income-generating commercial retail building strategically located in Plymouth, North Carolina. Currently operating at a strong 90% occupancy rate, this asset offers an incoming investor immediate and stable cash flow from an established tenant base, making it an ideal "turn-key" investment.
The property features excellent street frontage and high visibility, ensuring a steady flow of local traffic. With 90% of the building already leased, an investor can enjoy passive rental income from day one, while also retaining a 10% value-add upside to increase the Net Operating Income (NOI) by leasing out the remaining vacant space.
Plymouth serves as a key commercial hub in Washington County, offering an attractive, low-barrier entry point for commercial real estate investors looking for higher yields than major metropolitan markets. Whether you are looking to expand your portfolio with a stable retail asset or seeking a low-maintenance property with proven occupancy history, this Plymouth storefront presents a remarkable opportunity.
Financial documents, lease agreements, and rent rolls are available upon request to qualified buyers during the due diligence period.
Investment highlights
90% Units occupied with stable income:
- This occupancy rate provides immediate and stable rental cash flow
- Income-generating retail asset with proven historical occupancy
Upside Potential:
- A value-add opportunity to increase by not leasing the remaining 10% vacant space
- Perfect for investors seeking immediate income with strategic growth potential
Location and Visibility:
- Right on highway 64 with excellent street frontage
- Convenient visibility for cars passing by
- On the way to the Outer Banks
Tenant Stability:
- Diverse tenants with stabilized investment income and minimal risk
- Local tenants with strong presence in town community
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