100 Plank Brg Rd Camden, NC 27921

This exceptional investment opportunity presents a fully leased, 11,000-square-foot shopping center in Camden, North Carolina. Located at 100 Plank Bridge Rd, 27921, this Class B property boasts a strong 7.36% cap rate and a 100% occupancy rate since January 1, 2017. The single-story building, constructed in 2016, sits on a 2.52-acre lot and features five units ranging from 1,662 to 3,000 square feet, accommodating a diverse tenant mix including Hardee's/Carl's Jr, and others. The property offers ample parking with 76 spaces and benefits from a Community Core (Commercial) zoning designation. The current Net Operating Income (NOI) stands at $184,112, with leases structured as Triple Net (NNN) agreements, including a TICAM charge of $4.50 per square foot. Leases feature annual rent bumps of 2-3%, ensuring consistent income growth. The asking price is $2,500,000, representing a price per square foot of $227.27. Further expansion potential exists, with approximately 3,500 square feet of buildable space adjacent to the existing structure, complete with pre-existing parking and landscaping. One end-cap space includes a drive-thru. This is a triple-net leased income-producing investment with credit-rated tenants.