Beaver Pond
43k SF Food Lion-Anchored Shopping Center | $8.91 PSF Avg. Rent
Marketing description
Berkeley Capital Advisors website listing: https://berkeleycap.com/listing/detail/3171
Investment highlights
Strong Grocery Anchor
Beaver Pond is anchored by a tenured, high-performing grocer. Food Lion has over 31 years of operating history at the center and recently executed a 5-year extension. With a robust sales volume and a health ratio of 1.86%, prospective investors can find security in a stable anchor income stream for years to come.
Long-Standing Operating History
The center has an average operating history of almost 15 years, demonstrating the desirability of the location and the long-standing success of tenants in this shopping center.
Limited Option Control
Every shop tenant at Beaver Pond has no remaining options, giving ownership ultimate control to mark-to-market rents.
Rocky Mount Sports Complex
Located 1.9 miles from Beaver Pond, Rocky Mount Sports Complex was built in 2006 and includes six youth baseball fields, four interchangeable baseball/softball fields, one championship baseball field, eight soccer/football fields, a professional disc golf course, two outdoor basketball courts, and outdoor volleyball courts. The facility is one of the largest sports complexes on the eastern seaboard attracting visitors from across North Carolina and neighboring states.
Excellent Regional Accessibility
Rocky Mount sits strategically near Interstate 95 (50,500 VPD), one of the most important freight corridors in the United States, and serves as an important railroad hub with CSX, who opened a terminal in 2021 (330 acres).
Health-Oriented Economic Drivers
Rocky Mount is supported by long standing employers including Pfizer and UNC Health Nash. Pfizer employs 3,000 people across their 250 acre facility space where they manufacture a wide range of products including 25% of Pfizer’s sterile injectables. Additionally, UNC Health Nash consists of 5 hospitals in Rocky Mount totaling 395 beds and employing 1,800 people.
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