103 Tanglewood Pky - Storefront FOR SALE


Elizabeth City, NC 27909
$7,295,000 USD
757-640-2410
103 Tanglewood Pky, Elizabeth City, NC for Sale
$7,295,000 USD
Storefront - FOR SALE
1/12
null | Request Cap Rate

103 Tanglewood Pky
Elizabeth City, NC 27909


HIGHLIGHTS

  • National and local tenants include GameStop, Jersey Mikes Sub, The Athlete's Foot, Sally Beauty, Hair Cuttery and Dental Transformations.
  • Below-market rents with two short terms allowing immediate upside.
  • Staggered lease expirations.
  • Sentara's new hospital and medical office campus located approximately 0.5 miles away
  • Located near new residential community with 425 residential lots and other commercial lots in development.
  • The property shares an entrance with a Walmart Supercenter.

OVERVIEW

The Shoppes at Tanglewood shares an entrance with a Walmart Supercenter, among the busiest in North Carolina, with approximately 3.1 million visitors per year. The property is situated on 4.77 acres of land and is adjacent to Highway 17 Bypass, a major highway that leads directly into Downtown Norfolk.

FOR SALE DETAILS

PRICE

$7,295,000 USD

PRICE/SF

$213 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Shoppes at Tanglewood

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

148

LAND DETAILS

LAND ACRES

4.77 AC

LAND SF

207,781 SF

ZONING

C-1

APN/PARCEL ID

7993576202

ASK ABOUT THIS PROPERTY

Chris DevineS.L. Nusbaum Realty Co.More Info
757-640-2410

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Chris DevineS.L. Nusbaum Realty Co.More Info
757-640-2410

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.