Hope Mills, NC 28348

Hope Mills Marketplace

Property Address

4230 Legion Road, Hope Mills, NC, USA

Offering Summary

  • Price: $3,000,800
  • Lot Size: 3.33 Acres
  • Cap Rate: 8.00%
  • Year Built: 2017
  • Building SF: 12,034
  • Status: Available
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  • 100 Percent of Leases Contain Rent Escalations During Base Term, of which 56.5% of the Leases have 3% Annual Rent Escalations Beginning in Year 3 & Throughout Each Option Period
  • Shadow Anchored by Walmart Neighborhood Market
  • Complimentary Mix of Convenience Retailers
  • Located within Fayetteville, NC MSA (Population of ±377k)
  • Two Points of Ingress & Egress with Access to Traffic Signal
  • Attractive 2017 Construction :: TPO Roof System accompanied by a 15-Yr. Roof Warranty
  • Situated at the Intersection of Legion Road (±10k VPD) & Elk Road (±12k VPD)
  • Base Terms Range from 5-10 Years w/ Renewal Options

Broker Information