Firm Overview Listings Shopping Centers Single-Tenant 1301 Exchanges
Rob Carter
704.379.1982 Office
704.379.1988 Fax
carter@berkeleycap.com		 Alex Quarrier
704.714.2365 Office
704.379.1988 Fax
quarrier@berkeleycap.com		 David Webb
7043791967 Office
7043791988 Fax
webb@berkeleycap.com		    
Southwood Village

OFFERING SUMMARY

Berkeley Capital Advisors is very pleased to present this offering summary on Southwood Village, a neighborhood-oriented shopping center located in Reidsville, North Carolina. We welcome your review of this attractive investment opportunity.

SUBMARKET OVERVIEW

- Attractive Assumable Debt

- Shadow-anchored by Kmart

- Adjacent to Pennrose Mall, anchored by Belk, Rose's and Hibbett Sports

- Excellent Tenant Mix with Strong Credit

 
DEMOGRAPHICS
   
  1 Mile Radius 3 Mile Radius 5 Mile Radius  
2013 Projection: 2,979 16,076 23,814  
2008 Estimate: 2,947 15,992 23,667  
2008 Average Household Income: $48,807 $45,024 $47,701  
OFFERING MEMORANDUM & FILES
  The offering memorandum and other files for this property requires that you complete a simple onetime registration. Please start by entering your email address
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Profiles
Name: Southwood Village
Size: 50,632 SF
Year Delivered: 1978 / 1993
Market: Reidsville, North Carolina
Land Size: +/- 6.63 Acres
Leasing Status: 96% Leased
Parking Spaces: 249 Spaces
Roof Condition: Good Condition
   
Anchor Tenants Lease Expiration Square Feet
Food Lion April 2014 29,000
CVS October 2009 8,450
   
NET OPERATING INCOME $353,156
   
CAP RATE -
   
OFFERING PRICE $4,500,000
©2006 Berkeley Capital Advisors - 831 East Morehead, Suite 650 // Charlotte, South Carolina 28202 // 704-379-1980
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