Valdese Center

827 Main Street S.W,
Valdese, NC 28690

 

$3,400,000
Offering Price
$246,691
NOI
7.26%
Cap Rate
$97
Price Per SF
35,080
GLA (SF)
7.27 (+/-) Acres
Lot Size
$3,400,000
Offering Price
$246,691
NOI
7.26%
Cap Rate
$97
Price Per SF
35,080
GLA (SF)
7.27 (+/-) Acres
Lot Size

Highlights

  • Food Lion performs very well with the most recent sales of $14,676,472 ($485 PSF) and a Rent/Sales Ratio of 1.63%.
  • Strong performing, 100% occupied grocery anchored center, that has not had a vacancy in over 20 years.
  • Food Lion recently spent over $1,000,000 remodeling and renovating the interior of their store.
  • There is a developable pad of land included. See page 7

Roof & Parking Lot

  • Recent Capital Expenditures include: The entire roof was redone ($108,000), and the parking lot was overplayed ($437,000) in exchange for the FL extension.
FOR MORE DETAILS CONTACT
Jacob Baruch
President
(718) 450-2178
jacob@legacyrg.com