McDowell Square
364 US-70, Marion, NC 28752,
Property Description
Dominant grocery anchored shopping center located at the intersection of Highway 70 and Highway 221 in Marion, NC. Gross leasable area of +/- 72,020SF (doesn’t include shadow anchors & outparcels). Anchored by Food Lion (lease expires 2026), Peebles (lease expires 2025), Cato (lease expires 2020) and shadow anchored by Lowes and Big Lots. National chains generate over 80% of the center’s revenue and the center has a weighted average lease expiration of over 8 years.
Property Details
- Address: 364 US-70, Marion, NC 28752
- County: McDowell County
- State: NC
- Zip: 28752
- Country: United States
Location: 364 US-70 Marion, NC 28752
GLA: 547,019 SQFT
Year Built: Phased 1991/1995
Lot Size: ±13.06 acres
Parking: ±450 spaces
Occupancy: 94%
Major Tenants: Food Lion, Peebles and Cato & Shadow anchored by Lowes & Big Lots
Price: $7,750,000
Current NOI: $600,907
Keaton Edwards
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