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Investor has an option to assume the existing loan of $5.7 M. This is an incredible investment opportunity for one of two different players: one being an investor that wants to enjoy the existing cash flow this property produces and another who could redevelop the well-located, highly-visible 26 acres into open air retail or mixed-use development. This property has a gross leasable area of 175,086 SF comprised of an enclosed mall, Marketplace Cinema 6, and an internet cafe off busy I-40 in Winston-Salem, North Carolina. The enclosed mall is anchored by Dollar Tree and regional credit Hamrick's. Dollar Tree recently exercised 10 year extension to lock them in through 2026 and Hamrick's extended their lease by five years and will benefit from a 2.4% Rent to Sales Ratio. Tenants are finding success in the center, including Burlington Shoes which reported increased sales of 13% in 2014. The 20,576 SF Marketplace Cinema 6 has been a tenant since 2003 and in 2013 upgraded to digital projection equipment. With occupancy of over 98% of GLA including some month to month leases plus income from kiosks in the common areas, Marketplace Mall generates a steady income stream for an investor
The subject property is strategically situated within a new 305,000 square foot mixed use development in the heart of Winston Salem. Previously occupied by Hanesbrands, Inc. since 1958, the property is currently being redeveloped and benefits from an incredible infill location fronting U.S. Highway 158 (South Stratford Road). The heavily travelled U.S. Highway 158 serves as a major retail corridor and experiences an annual average daily traffic count of approximately 26,600 vehicles near the site. With convenient access to U.S. Highway 421 (59,000 AADT) less than a mile west of the property and access to Interstate 40 (71,000 AADT) being approximately a mile and a half south of the property, the development is readily accessible. In addition to the Wal-Mart Neighborhood Market, the infill redevelopment will contain retail, restaurants and professional office space. Notable national retail tenants within the center will include LA Fitness, Starbucks, Fleet Feet Sports, P.F. Chang' s and PDQ. *This property is listed in conjunction with North Carolina-licensed real estate broker New South Properties of the Carolinas, LLC
Beautiful retail or office building in New Garden Village with open space. Incredible setting with great visibility from Bryan Blvd and I-840 close to Triad International Airport. Ample parking. Professionally managed. Ideal location for office, retail or institutional user.
Priced to Sell - Reduced to $750,000! +/- 3350 SF Fast Food Restaurant with Drive Thru Available.
Price Upon Req.15,000 SF
Sale or Lease. Redevelopment opportunity with Shopping Center Zoning. This building, in its' current setup, offers a flexible layout suitable for showroom, office, and retail uses serving single or multiple tenants. Recent DOT activity for the Greensboro Urban Loop (as witnessed by site clearing) will soon add access to Battleground Avenue, affording this location heavy traffic and attraction within view of the exit.
Infamous Colfax Custom Frames and Gallery well known for its antique charm and golden times style. This free standing building fronts Sandy Ridge Rd. and is a frequent stop for lifetime travelers, antique car collectors, and enthusiasts. Zoning is LB Commercial Use.
$169,900Size Upon Req.
Great opportunity to lease new retail/office space at New Garden Village, anchored by New Garden Landscaping. $16.50-$17.50 for 1000-2500 SF. Owner will build out to vanilla box. Located between Scott Stone & New Garden Landscaping.
MOTIVATED SELLER!! Will sell shop complete with equiptment or building only. Owner is planning to retire and move. Great opportunity to purchase a Three Bay Automotive repair building with office. One bay with Lift. Two rest rooms, one in office, one in shop area. Currently being used a "Radiator Repair and Replacement" Shop. Ideal for General Auto Repair; Detail Shop; Inspection Station, etc:.
Excellent investment opportunity on Eastchester. Lease opportunity for a new or existing business. 480+/- Feet of Road Frontage on heavilly travilled and scenic Eastchester Corridor in High Point. This property is made up of two parcels which can be purchased together or separately. Apple Rock center has 2 x 250sf offices and 1x500 SF office space available. The adjacent lot is also available for expansion and is adjacent to the Hobby Lobby Shopping center. Close proximity to HPU, Wesleyan, and the Oak Hollow Mall, which is now owned by HPU. Will subdivide.
LEASE OR SALE: Outstanding opportunity in Thomasville. Ideal for retail, office, institutional use, church use etc. Open floor plan, 15' ceilings, large windows across front of building allow additional natural lighting, large parking lot in front and side with frontage on Guilford St and view from Salem St. Upfit may be required for particular uses. *inquire about details.