Main Street Plaza   |  27 W Main Street   |   7,200 sf

  • TO LEARN MORE ABOUT THIS PROPERTY, CONTACT:

    R. Tim Lichtenstein, CCIM at Tim@ltpcommercial.com

    Established neighborhood strip center in Thomasville, NC. Located at a signalized intersection, adjacent to the US Post Office. This property is located within the downtown business improvement district for Thomasville. Built in 2004, the center has a brick facade, metal roof, with ±7,200 SF of leasable space divided into five retail suites. Parking lot is in good condition with 47 surface parking spaces. Tenants are responsible for all utilities, mechanical systems, door glass, liability insurance, and interior maintenance/repair. Landlord self manages and leases the property. Value add opportunity to increase rental rates and broaden tenant line-up through professional leasing efforts.

    Address:27 W Main Street
    City:Thomasville
    Zip:27361
    Avail sf ± 7,200
    Price$525,000
  • Aerial Map
    Aerial Photo
  • PROPERTY DETAILS

    Property Type Investment
    Retail
    Avail sf ± 7,200
    Year Built ±2004
    Parking47 Surface Spots
    SprinkleredYes

    UTILITIES

    ElectricalYes
    WaterYes
    SewerYes
    AirYes
    HeatYes
    GasYes

    TAX INFORMATION

    County:Davidson , NC

    PRICING & TERMS

    Price$525,000
    NOI$45,100.17
    Cap Rate8.6%
    TermsTenants are responsible for all utilities, mechanical systems, door glass, liability insurance, and interior maintenance/repair. Landlord self manages and leases the property.
    CommentsEstablished neighborhood strip center in Thomasville, NC. Located at a signalized intersection, adjacent to the US Post Office. This property is located within the downtown business improvement district for Thomasville. Built in 2004, the center has a brick facade, metal roof, with ±7,200 SF of leasable space divided into five retail suites. Parking lot is in good condition with 47 surface parking spaces.