Retail Strip Center
323 Unionville Indian Trail Rd Indian Trail, NC 28079
For Sale
$3,300,000
The Village Shoppes is a retail strip center available for sale in Indian Trail, North Carolina.
Property Size12,075 SF
Price / SF$273.29
Days on Market112
Property Features for 323 Unionville Indian Trail Rd
General Information
- Standard status
- Active
- Size
- 12,075 SF
- Property subtype
- Shopping Strip
Building Details
- Year Built
- 2007
Listing Agency:
Charleston Office
(843) 952-2257
Listed By:
Harrison Creason · License #SC: 91161, NC: LC1015
(843) 952-2257
Source:
Marcusmillichap
Added: Apr 3
Changed: Jul 23
Last Checked: Jul 23 at 2:38AM
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 Charleston Office
Investment Insights
Based on property information with market context.
The Village Shoppes is a retail strip center offered for sale. The property is listed at 12,075 square feet.
The center is located at 323 Unionville Indian Trail Rd in Indian Trail, North Carolina, and is presented by Marcus & Millichap.
This offering is structured as a For Sale transaction.
The center is located at 323 Unionville Indian Trail Rd in Indian Trail, North Carolina, and is presented by Marcus & Millichap.
This offering is structured as a For Sale transaction.
Key Highlights
- Retail strip center for sale in Indian Trail, North Carolina
- Year built: 2007
- The Village Shoppes retail strip center
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $228.9k | $18.96 |
| − Vacancy | −$17.2k | −$1.42 |
| EGI | $211.8k | $17.54 |
| − OpEx | −$63.5k | −$5.26 |
| NOI | $148.2k | $12.28 |
12,075 SF · lease $18.96/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.12M
$1.85M – $2.47M
NOI $148,240 @ 7.0% cap · market cap 4.49%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.73M
$3.26M – $4.35M
NOI $261,081 @ 7.0% cap · market cap 7.91%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Strip malls
FAQs
What type of property is this?
Strip mall - The Village Shoppes is a retail strip center available for sale in Indian Trail, North Carolina.
Where is this strip mall located?
The property is located at 323 Unionville Indian Trail Rd Indian Trail, NC.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: Retail strip center for sale in Indian Trail, North Carolina; Year built: 2007; The Village Shoppes retail strip center
