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Bunn Crossing 23 NC-98 Hwy 11,536 SF 100% Leased Retail Building Bunn, NC 27508 $5,190,031 CAD ($449.90 CAD/SF) 6.82% Cap Rate
INVESTMENT HIGHLIGHTS
- Fully stabilized retail asset featuring six local and regional tenants, each with term through at least 2028.
- Shadow anchored by a strong performing Food Lion, which according to Placer. ai., is ranked in the 74th percentile of all Food Lion’s nationwide.
- Bunn has seen a record 307% population increase from 2000-2022 and is the 8th fastest growing city in NC.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
11,536 SF
Building Class
C
Year Built
2009
Price
$5,190,031 CAD
Price Per SF
$449.90 CAD
Cap Rate
6.82%
NOI
$353,848 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
1.58 AC
Zoning
C-3 - Commercial
Parking
78 Spaces (6.76 Spaces per 1,000 SF Leased)
Frontage
96’ on Main St
AMENITIES
- Signage
- Signalized Intersection
- Drive Thru
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Bunn Dental
- Health Care and Social Assistance
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- Fiesta Mexicana
- -
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- Levy's Soul Food
- -
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
- Magnolia Coffee Shop
- Retailer
- -
- -
-
Lorem Ipsum
-
Jan 0000
-
- Accommodation and Food Services
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
Papa Johns International, Inc. is a leading global pizza brand known for its commitment to “Better Ingredients. Better Pizza.®” Founded in 1984, the company has grown to thousands of locations in over 45 countries. Papa Johns stands out for its fresh, never-frozen dough, signature sauces, and quality toppings. Headquartered in Atlanta, Georgia, the brand continues to innovate in digital ordering, customer experience, and community engagement, while staying true to its promise of delivering better pizza every time.
- Tobacco and Vape
- Retailer
- -
- -
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Bunn Dental | Health Care and Social Assistance | - | $9.99 | Lorem Ipsum | Jan 0000 | |
| Fiesta Mexicana | - | - | $9.99 | Lorem Ipsum | Jan 0000 | |
| Levy's Soul Food | - | - | $9.99 | Lorem Ipsum | Jan 0000 | |
| Magnolia Coffee Shop | Retailer | - | - | Lorem Ipsum | Jan 0000 | |
|
|
Accommodation and Food Services | - | $9.99 | Lorem Ipsum | Jan 0000 | |
| Tobacco and Vape | Retailer | - | - | Lorem Ipsum | Jan 0000 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 036146 | Improvements Assessment | $1,658,430 CAD |
| Land Assessment | $1,159,365 CAD | Total Assessment | $2,817,795 CAD |
PROPERTY TAXES
Parcel Number
036146
Land Assessment
$1,159,365 CAD
Improvements Assessment
$1,658,430 CAD
Total Assessment
$2,817,795 CAD
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Bunn Crossing | 23 NC-98 Hwy
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