Sterling Pointe Shopping Center

Shopping Center for Sale
Sale Pending
Catylist Listing ID: 30765747
Property Subtypes: Strip Center
Status: Pending
Building Size (RSF): 13,398 SF
Gross Land Area: 1.76 Acres
Sale Price: $3,500,000
Unit Price: $261.23 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Business
Building Name: Sterling Pointe
Usable Size (USF): 13,298 SF
Sale Terms: Cash to Seller, Purchase Money Mortgage, Owner Financing
Cap Rate: Undisclosed
Last Updated: 10/15/2021

Overview / Comments

Location, Location, Location!! This beautiful Investment commercial shopping center is in the heart of Wilson near Lowes and Chick-fl-a. Four units fully leased, tenants include Factory Mattress & Bedrooms, Mi Cabana, Heavenly foot-spa, and Fast Med.

Financials

Finance Data Year 2020
Real Estate Taxes - Annual($) $26,477 (Annual)
Potential Rental Income $235,003 (Annual)
Finance Data Year 2019
Real Estate Taxes - Annual($) $26,477 (Annual)
Potential Rental Income $206,742 (Annual)

Additional Details

Nearest MSA: Wilson
County: Wilson
Tax ID/APN: 3712-03-7767.000
Zoning: COMMERCIAL
Retail Clientele: General, Business
Property Visibility: Excellent
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 2008
Zoning Description: Commercial

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,046 39,776 54,317
Median Age: 49.33 38.17 38.5
Households: 2,116 16,114 21,703

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