531 Plaza Circle • Garner, NC 27529
Year Purchased: 2018
Purchase Amount: $5,300,000.00
Equity: $2,000,000.00
Garner Plaza was purchased in October 2018 and is a 57,846 square foot multi-tenant neighborhood shopping center located in Garner, NC. Built in 1970 and renovated in 2017, the property boasts a strong group of e-commerce resistant tenants, including several prominent retailers (Family Dollar and NY Bride & Groom). With a diverse tenant base and a desirable, high-traffic location, Garner Plaza has a proven operating history and was 100% occupied at closing.