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Property profile & analytics
OFF-MARKET Estimated value $765,000
Retail space

3965 Arrowhead Blvd Mebane, NC 27302-7635

12,748 SF 2.53 ac lot Built 1973
Entity Owned 5-yr Hold Free & Clear
Property ID
US53-0968722
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1973
Total area 12,748 SF
Lot 2.53 ac (110,207 SF)
Zoning code B 2
APN 167511
UPID US53-0968722
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • My Secret Closet Discount Store (Bike/Boat/Book/etc) Store
  • Jewelworks Big Box & Wholesale Store (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.07M
Blend (final) Blend
$765k
Owner & transaction history
Clay Thomas Properties LLC · 5 yrs held
Clay Thomas Properties LLC
since 2020
4 recorded transactions
2020
Price N/A
2018
Price N/A
2016
Price N/A
2005
$1.1M
Zoning & alternative use
B 2 · Mebane, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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