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Retail Center in Sanford, NC
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Pending

3044 S Horner Blvd, Sanford, NC 27332

Anchored retail center with national tenants and growth potential.

Property Size151,769 SF
Days on Market152

Property Features for 3044 S Horner Blvd

General Information

Standard status Pending
Size 151,769 SF
Property subtype Retail
Occupancy 99%
Investment Type Value Add

Building Details

Year Built 2014
Buildings 6
Stories 1
Tenancy Multi
Listing Agency: Berkeley Capital Advisors Charlotte
Listed By: Alex Quarrier · License #NC 230420
Source: Crexi
Added: Mar 23 Changed: Aug 8 Last Checked: Aug 19 at 9:33PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkeley Capital Advisors Charlotte

Investment Insights

Based on property information with market context.

The Shops at Cameron Place is a 151,796-square-foot retail center with 99% occupancy. It is located on South Horner Boulevard, which sees 27,000 vehicles per day, in Sanford, North Carolina. The property is anchored by Hobby Lobby, Marshalls, Ross Dress for Less, and Petco, all original tenants. National retailers represent over 79% of the total gross leasable area. The center features a six-building configuration and a diverse tenant mix. The underwritten 10-year compound annual growth rate is 2.55%, with 28.66% of net operating income growth over the same hold period.

Key Highlights

  • 99% Occupancy Rate: Demonstrates strong tenant demand and immediate cash flow.
  • Anchored by National Retailers: Hobby Lobby, Marshalls, Ross Dress for Less, and Petco provide reliable customer traffic.
  • Primary Retail Corridor Location: Situated on South Horner Boulevard with high traffic volume (27,000 VPD).

Property Analytics

Current Use

Rack Room Shoes Clothing & Fashion Store

Suggested Use

Top Pick Dental Office Law Firm Skin Care Clinic Computer & Electronic Repair Garden Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

484
Businesses Nearby
Well-served
Demand for This Use

Demographics for 27332, NC

36,020
Population
13,895
Households
2.6
Avg Household Size
38
Median Age
23%
College-Educated
87%
High-School Grad
107.1 sq mi
ZIP Area
336
Density / Sq Mi
$73,075
Median Household Income
$38,310
Median Earnings
$1,086
Median Rent
$224,000
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Similar Off Market Nearby

  • Coinstar Kiosk | Bitcoin ATM Food Lion, 2904 S Horner Blvd, Sanford, NC 27330
  • Kendale Plaza Sanford, NC 27332

Frequently Asked Questions

What type of property is this?
Shopping center - Anchored retail center with national tenants and growth potential.
Where is this shopping center located?
The property is located at 3044 S Horner Blvd Sanford, NC.
What are key features of this property?
This property features: 99% Occupancy Rate: Demonstrates strong tenant demand and immediate cash flow.; Anchored by National Retailers: Hobby Lobby, Marshalls, Ross Dress for Less, and Petco provide reliable customer traffic.; Primary Retail Corridor Location: Situated on South Horner Boulevard with high traffic volume (27,000 VPD).
More about this property
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