3965 Arrowhead Blvd Mebane, NC 27302-7635
- Retail space
- 12,748 SF
- 2.53 lot acres
Sep 30, 2020
Current Use by Public Records
- My Secret Closet / Consignment Shop / Clothing Store
- Jewelworks / Gold Dealer
Property Details for 3965 Arrowhead Blvd
- Year built
- 1973
- Lot size
- 2.53 lot acres
- Property size
- 12,748 SF
- Zone code
- B 2
- Property type
- Retail space
- APN
- 167511
- APU
- 167511
Description
This exceptional 12,850-square-foot retail building presents a remarkable opportunity in Mebane, North Carolina. Strategically located adjacent to the Tanger Outlet, this property boasts unparalleled visibility from Interstate 40, ensuring high traffic and brand exposure. The entire space is currently vacant, offering a blank canvas for a discerning tenant to establish a flagship location. The building's design is ideal for a variety of retail uses, and its prominent position guarantees significant foot traffic and drive-by visibility. The lease terms are structured as a triple net (NNN) lease, with a competitive base rent of $12.00 per square foot. This attractive rate is further enhanced by a built-in 3% annual rent increase, providing predictable income growth for the landlord. Property taxes and insurance are estimated at $1.00 per square foot, offering transparency and predictability in operating costs. The property is situated in Alamance County, a thriving area with a strong retail market. This prime location, coupled with the building's size and visibility, makes it an exceptional investment opportunity for businesses seeking to establish a strong presence in a high-traffic area. The ample space and excellent location provide a unique chance to create a successful and impactful retail operation. Don't miss this chance to secure a highly visible and desirable retail space in a rapidly growing market.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $285,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Mebane
- County
- Alamance
- State
- North Carolina
- Longitude
- -79.2697
- Latitude
- 36.0731
- CBSA code
- 15500
- CBSA name
- BURLINGTON, NC METROPOLITAN STATISTICAL AREA