Two prime commercial spaces available in Camden Towne Center at the intersection of Hwy 158 & Hwy 343 in the heart of Camden. Suite A is a 3,000 sq ft fully finished end cap with 2 restrooms and a drive thru that was formerly Todd's Pharmacy. Suite A cannot be leased by a Pharmacy or Drugstore until August 2022. Suite C is 1600 sq ft and is in vanilla shell condition waiting to be built out to a long term tenant's needs. Both spaces are $16/sq ft/yr with an estimated $3/sq ft/yr in NNN TICAM charges. $4,750/month for Suite A and $2,533.33/month for Suite C plus utilities., Tenant Financial Info Req, Will Build to Suit, est Taxes 0.00, Neighborhood - Near Hardee's and CCHS

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1 minute ago

Last Updated

Oct 13, 2024

Days on Website

1220

Fully leased Shopping Strip Center in the heart of Camden with a current CAP rate of 7.36%. Built in 2016 with Central Sewer and Natural Gas in the heart of lovely Camden, NC. Five units from 1,662-3,000 sq ft for a total of 11,000 sq ft with 76 parking spaces on 2.52AC listed for $1.1M below tax value. Tenants include Chesapeake Regional Medical Center, Todds Pharmacy (which is closed and subleased to a Church but Todd's lease is still in force through the end of 2027), Jack & Jenny's Pizza Company, Hungry Panda, and Waterfall Blossom Cafe. Gross Income is currently $180,550 ($15.22-$17.31 per sq ft) and all leases are NNN with $4.50 per square foot TICAM charges and the lease rates all increase between 2%-3% annually. CAP rates will increase by about 0.2% annually assuming no vacancies and no increases in expenses. Room to build an additional +/-3,500 sq ft between the existing building and Hwy 343 with parking lot and landscaping in place for the expansion area.

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1 minute ago

Last Updated

Mar 22, 2024

Days on Website

275