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206-216 Commerce Ave

7,456 SF 100% Leased Retail Building Southern Pines, NC 28387 £1,956,125 (£262/SF) 2.08% Net Initial Yield

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Investment Highlights

Fully Leased

Executive Summary

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 high 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, and Imagine Moore Events, creating a vibrant shopping environment. Current NOI $51,997 & Cap Rate 2.08%

CSG Marketing Doc 206-216 Commerce Ave-compressed