176 Sparks Dr, Forest City, NC 28043
7,382 SF | 100% Leased | Retail Building | Forest City, NC 28043 | $4,865,000 ($659/SF) | 6.50% Cap Rate
For Sale
Active
Asking Price $4,865,000
- Property Type
-
Retail
- Square Feet
- 7,382 SF
- Price / Square Foot
- $659
Listing Contacts
- Property Info
Property Overview
CBRE’s National Retail Partners – Carolinas is proud to offer Forest Hills, a 7,382 SF new construction unanchored service retail center in Forest City, NC. The well-balanced tenant lineup features a corporate guaranty from Chipotle as well as a “Chipotlane” drivethru. Aspen Dental is also backed by its corporate entity and Jersey Mike’s Subs is operated by a 21-unit franchisee. Forest Hills is adjacent to national anchor retailers Lowe’s Home Improvement and Walmart Supercenter, and is less than a mile from Hobby Lobby and Big Lots.
Property Details
- Year Built
- 2023
- Stories
- 1
- Lot Size (sq. ft)
- 59,242 SF
Highlights
- 2 Corporate leases and a 21-unite franchisee (Jersey Mike's)
- Chipotle corporate guaranty with "Chipotlane" drive-thru
- 2.4M annual visitors to nearby Walmart Supercenter
- 22,500 vehicles per day along College Ave
Nearby Properties
Similar Properties
FAQ
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- What is the difference between Tier 1 & Tier 2 in the Due Diligence Vault?
- Documents that are placed in a Tier-1 Due Diligence vault require the execution of a Confidentiality Agreement (“CA”) for access. Documents and folders placed in the Tier-2 vault are intended to have an added layer of security and require the execution of a CA in addition to required Broker approval for access.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].