Marketing Description
Furman Capital Advisors is pleased to offer for sale a 46,777 square foot Grocery Anchored Retail Center built in 2001 and situated on 10.71 acres in Siler City, North Carolina, near the metro statistical areas of Greensboro and Raleigh-Durham.
This offering is a rare opportunity to acquire a grocery anchored retail center with a long term Food Lion lease in place with minimal competition for store sales in the area.
Investment Highlights
- Food Lion renewed early: ±7 years remaining
- Property is 97% occupied
- Mountainaire Chicken’s new processing plant adds 1,250 new jobs (opening 2019)
- The Center was built in 2001 by Aston Properties
- Siler City is near the Greensboro-Randolph County Megasite that recently finished second for the Toyota/Mazda Plant on a national site selection search
- Access to US-421 and US-64 give you direct transit infrastructure to the Greensboro and Raleigh/Durham markets