3625 Murdocksville Rd West End, NC 27376
- Retail space
- 1.44 lot acres
Current Use by Public Records
- Retail space
Property Details for 3625 Murdocksville Rd
- Year built
- 1991
- Lot size
- 1.44 lot acres
- Zone code
- B-2
- Property type
- Retail space
- APN
- 17714
- APU
- 17714
Description
This exceptional investment opportunity presents a 11,540 square foot retail storefront located at 3625 Murdocksville Rd, West End, NC 27376, in Moore County. The property, built in 2005, consists of two single-story buildings totaling nine units and sits on a 1.14-acre lot. Currently boasting 100% occupancy with a lease expiration date of July 15, 2024, this Class B property offers immediate return on investment. The asking price is $1,500,000, translating to $129.98 per square foot. The net rentable area is 11,540 square feet, zoned for commercial use, providing flexibility for various retail businesses. This prime location within the thriving market of Moore County makes it an attractive investment for both seasoned and aspiring investors seeking a strong, stable income stream. The property's strong performance history and high occupancy rate make it a compelling opportunity in a desirable area. This net lease investment offers a compelling opportunity to acquire a well-maintained, high-performing retail property with significant upside potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- West End
- County
- Moore
- State
- North Carolina
- Longitude
- -79.4813
- Latitude
- 35.2249
- CBSA code
- 38240
- CBSA name
- PINEHURST-SOUTHERN PINES, NC MICROPOLITAN STATISTICAL AREA
