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$4,325,000
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| | GLA | 40,425 | |
| | Building S.F. | 40,425 | |
| | Land Acres | 5.71 | |
| | Percent Occupied | 96.54 % | |
| | Cross Street | US Hwy 158 | |
| | Tax Parcel Number | 890506486539 | |
| | Market | North Carolina Triad | |
| | Sub Market | North Greensboro | |
| | No. of Pads | 0 | |
| | Available Pads | 0 | |
| | No. of Buildings | 1 | |
| | No. Stories | 1 | |
| | Year Built | 1997 | |
| | Year Renovated | 1998 | |
| | No. of Parking Spaces | 210 | |
| | Street Frontage | 300+ | |
| | No.Tenants | 5 | |
| | Parking Ratio | 5:1 | |
| | Occupancy | 96.54 % | |
| | Building Class | B | |
| | Location Class | B | |
| | Zoning Type | Commercial | |
| | Corner | Yes | |
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5200 US Hwy 29 Reidsville, NC 27320
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Property Description
This property must be purchased with Summit Pointe Shopping Center located in Morganton, North Carolina (http://sale.svn.com/summitpointe). Built in 1997, the property consists of a 29,000 SF Food Lion, a 8,625 Dollar General, and 4,200 SF of shop space. All tenants reimburse owner for taxes, insurance, and common area maintenance.
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Location Description
The property is located on the northwest corner of US Hwy 29 Business and US Hwy 158 in Reidsville, North Carolina. Reidsville is the largest and fastest city in Rockingham County. Reidsville is part of an MSA that consists of 1.3 million people. Immediately across Hwy 29 Business is a newly-built Lowes Home Improvement Store and immediately behind the Cross Pointe is a newly-built Super Wal-mart center.
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