400 Henredon Rd - Freestanding FOR SALE
Morganton, NC 28655 |
$36,230,000 USD
415-971-4347
400 Henredon Rd
Morganton, NC 28655
HIGHLIGHTS
- Morganton Heights is adjacent to a Walmart Supercenter (NAP), and is anchored by retailers including TJ Maxx, Ross, Dick’s Sporting Goods, & Belk
- Belk is a separately parceled ground lease, and is paying an extremely low rent of $2.75/ft
- Ross, Dick’s, Jo-Ann Fabrics, Dollar Tree, PetSmart are all in their first options as well, displaying commitment to the center
- According to Placer.ai, Morganton Heights receives approximately 5.1 million annual visitors, and ranks in the top 25% of power centers within the sta
- The property is less than 75 miles from downtown Charlotte and I-40 accessible
- ULTA, Jersey Mike’s, Staples, Verizon, GNC, AT&T, and China King have all recently extended their leases; Nails R Us recently expanded its store into
FOR SALE DETAILS
PRICE
$36,230,000 USD
PRICE/SF
$127 USD /SF
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Morganton Heights
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2013
SPRINKLERS
-
PARKING SPACES
1338
LAND DETAILS
LAND ACRES
3.86 AC
LAND SF
168,142 SF
ZONING
-
APN/PARCEL ID
-
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415-971-4347
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Please correct the highlighted field(s).
415-971-4347
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