Wadesboro Place
Hilton Head, South Carolina
200 Walton Dr
Wadesboro, NC 28170
Year Purchased: 2020
Purchase Amount: $3,000,000.00
Equity: $1,425,000.00
Wadesboro Place was purchased in February 2020 and is a 25,260 square foot Walmart Supercenter shadow center located in Wadesboro, NC, approximately 50 miles east of Charlotte. Built in 2007, the center has a strong tenant mix, with 75% of the income from publicly traded tenants. The center was fully occupied at closing and offered our investors the prospect of current cash flow stability combined with upside from future leasing and planned rent increases.
