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104-108 Huffman Mill Rd
Burlington, NC 27215
Burlington Commons · Retail Property For Sale
Executive Summary
A well maintained, 100% leased multi-tenant retail strip center, this property offers investors a stable, income producing asset anchored by a complementary mix of medical, retail, and food service tenants in one of the area’s strongest retail corridors. Located on a hardcorner, the property features a modern design with prominent storefront visibility, generous surface parking, and multiple access points that ensure seamless ingress and egress for tenants and customers alike. Strategically positioned with significant frontage along Highway 70, the property enjoys excellent visibility and consistent daily traffic counts that keep it highly accessible and recognizable to passing consumers. Its placement as an outparcel to Lowe’s Home Improvement, a major retail anchor drives sustained consumer traffic to the immediate area. Directly across the highway, Publix Super Markets generates strong daily foot traffic as a high performing grocery retailer, further reinforcing the strength of this established retail corridor.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
13,848 SF
Building Class
B
Year Built
1999
Price
$7,332,815 CAD
Price Per SF
$529.52 CAD
Cap Rate
6.52%
NOI
$477,920 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
1.54 AC
Zoning
B2 - General Business
Parking
60 Spaces (5.5 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
Property Taxes
| Parcel Number | 114064 | Improvements Assessment | $2,529,556 CAD |
| Land Assessment | $1,083,603 CAD | Total Assessment | $3,613,160 CAD |
Property Taxes
Parcel Number
114064
Land Assessment
$1,083,603 CAD
Improvements Assessment
$2,529,556 CAD
Total Assessment
$3,613,160 CAD
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