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The subject property offers investors a compelling opportunity to acquire a 9,275-square-foot, single-story retail asset in Pembroke, North Carolina, occupied by Fresh Foods, an IGA supermarket. The building includes an approximately 11.75-foot-by-19.42-foot freezer and is strategically positioned on Union Chapel Road, approximately 0.4 miles from downtown Pembroke and 0.8 miles from UNC Pembroke. Its location benefits from the economic activity associated with UNC Pembroke and the federal recognition of the Lumbee Tribe. Supported by an existing lease, the property provides immediate income potential and a distinctive position within the local retail market.
Features
Cooling System: Electric
Cooling System: Central Air
Exterior Type: Block
Legal Description: Tract Two; First & Second Parcels