Focus Matters Realty Logo
Description Open House Details Location Market Trends Schools Recent Sales
$2,500,000 Est. $9,206 / mo.*

206 Commerce Avenue Southern Pines , NC 28387

Courtesy of Holly Spofford Bell, Carolina Summit Group, LLC

Description

7,500 Sqft
22,651 Sqft lot
0.52 Acre lot
Status: Active
Property Type: Improved
Year Built: 1986
Days on Website: 380
Value Add opportunity at Yadkin Park, a fully leased, L-shaped, single-story shopping center strategically positioned at the intersection of Commerce Avenue and Turner Street, just seconds from the bustling Highway 15/501 and 211. This prime location ensures visibility and is bolstered by proximity to well-established businesses such as Walmart, Staples, Goodwill, and Lowe's. The center features a diverse tenant mix, including Qwik Pack & Ship, Bella Vie Hair Studio, Anthony's Barber Shop, Westhetics LLC, and Southern Pawz Spa and Boutique, creating a vibrant shopping environment. NOI $51,997 & Cap Rate 2.08% based on 2024 figures.

Open House

Property Details and Features

Listing
Listed on 2024-06-10
Sale/Lease Includes:
Buildings,Land
Sale/Lease:
Sale
Sub-Type:
Commercial,Shopping Center,Retail
Location
City Limits:
Yes
County:
Moore
Latitude:
35.161237
Location:
Corner,Shopping Center,Freestanding
Longitude:
-79.422661
Subdivision:
Yadkin Park
Zip Code:
28387
Lot
22,651 sqft lot
Lot Description:
Corner Lot
Lot Dimensions:
150x150x150x150
0.52 acres
[+] Read More

Contact an Agent

910 547-4653

Location

$2,500,000 -
206 Commerce Avenue Southern Pines , NC 28387
City Limits: Yes

Street View

Nearby Schools

Recent Sales in the Area

Similar Properties Nearby