1022 Bethania-Rural Hall RdRural Hall, NC 27045

For Sale
$5,600,000
Retail Center, High Cap Rate, Excellent Location

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional 63,200 square foot shopping center presents a compelling investment opportunity. Located at 1022 Bethania-Rural Hall Rd, Rural Hall, NC 27045, this single-story, 1983-built property sits on a 12.38-acre lot (APN 612898) and boasts a highly desirable location directly off Highway 52. The center benefits from exceptional visibility and accessibility, with a Food Lion anchor tenant contributing to strong traffic counts exceeding 57,000 cars per day on Highway 52 and over 16,000 on NC Highway 65. Currently fully leased, this NNN-leased property offers a compelling 6.13% cap rate at an asking price of $5,600,000 ($88.61/sq ft). The property is zoned HB and features a 67% tax credit, further enhancing its investment appeal. This is a rare opportunity to acquire a well-positioned, high-performing retail asset in a thriving market. Detailed financial information is available upon request.

Highlights

  • Fully leased shopping center offering a 6.13% cap rate.
  • Beltway location providing excellent access and visibility.
  • Strong tenant occupancy with a 67% tax credit.
  • Asking price: $5,600,000.
  • 63,200 square feet on a 12.38-acre lot in Rural Hall, NC.

Property Details for 1022 Bethania-Rural Hall Rd

Property type
Lifestyle centers, Power centers
Square Feet
63,200 SF
Year Built
1983
Stories
1
Lot Size (sq. ft)
539,273 SF

Location Insight

City
Rural Hall
County
Forsyth
State
North Carolina
Latitude
36.2131921
Longitude
-80.3031871
1022 Bethania-Rural Hall Rd, Rural Hall, North Carolina

FAQs

What type of property is this?
Lifestyle center - Retail Center, High Cap Rate, Excellent Location
Where is the lifestyle center located?
The property is located at 1022 Bethania-Rural Hall Rd Rural Hall, NC.
What is the asking price?
The asking price for this property is $5,600,000.
What are key features of this property?
This property features: Fully leased shopping center offering a 6.13% cap rate.; Beltway location providing excellent access and visibility.; Strong tenant occupancy with a 67% tax credit.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1022 Bethania-Rural Hall Rd
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