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Property profile & analytics
OFF-MARKET
Strip malls

5101 Southeast Southport Supply Rd Southport, NC 28461

7,224 SF
Property ID
US53-2244213
Property summary
AI-generated overview

OWNER FINANCING AVAILABLE Investment opportunity in Southport/Oak Island market. The brick building, constructed in 2006, is in tremendous condition and offers several options moving forward. Priced at below replacement cost, this offering is 100% occupied. Additionally, the opportunity exists to acquire another adjacent space in the building that is offered off-market. Located on the South side of Highway 211, East of Old Long Beach Road, this property is directly across from CVS. Our property is flanked by Advanced Auto to the West and a car wash to the East. We have a RIRO on Highway 211 and upon road completion will be near a U-turn. Our client owns five of seven spaces in this center, which was constructed in 2006. Additionally, our client has been providing financial oversight for the POA. Three tenants are in place with termination dates within two years for all tenants. Unit Unit SF Mo/. Rent. Lease End Mattress Capital 1 & 2. 3,123 $3,250.00 3/31/27 Tink Salon 3 1,314 $990.00 MTM Coastal Care 4 & 5. 2,551 $1,996.50 12/31/26

Property profile
Verified
Property type Strip malls
Total area 7,224 SF
UPID US53-2244213
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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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