1113-1121 E 11th St - Freestanding FOR SALE
Siler City, NC 27344 |
$1,967,000 USD
214-692-2847
1113-1121 E 11th St
Siler City, NC 27344
HIGHLIGHTS
- PRIME PIEDMONT CRESCENT LOCATION – Strategically situated in Siler City, Chatham County’s largest market
- STRONG TENANT ROSTER – Fully leased to a strong tenant roster with over 80% national brands, including Family Dollar, Jersey Mike’s
- RAPID POPULATION GROWTH – The surrounding area is projected to experience robust population growth exceeding 11% through 2029
- PRIME FRONTAGE AND VISIBILITY – Located along US Hwy 64, one of Chatham County’s most heavily trafficked highways
- POSITIVE RENT GROWTH – Family Dollar and Little Caesar’s who has been at this location since 2014 and 2017, respectively, and occupy 70% of the center
- FINANCEABLE METRICS – Lenders prefer strip centers with national tenants and 5+ year average leases, both of which this property offers.
FOR SALE DETAILS
PRICE
$1,967,000 USD
PRICE/SF
$133 USD /SF
CAP RATE
7.53%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2006
SPRINKLERS
-
PARKING SPACES
85
LAND DETAILS
CROSS STREETS
North Av
LAND ACRES
1.62 AC
LAND SF
70,567 SF
ZONING
C
APN/PARCEL ID
61275
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
214-692-2847
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
Please correct the highlighted field(s).
214-692-2847
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
