Prime investment opportunity in the heart of Southport, NC

5177 Southport-Supply Road Southeast Southport, NC 28461

5177 Southport-Supply Road Southeast, Southport, NC, 28461
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FOR SALE
Property Type:
Street Retail
Amount:
$1,500,000
Last Verified:
Sep 08, 2023


Description

Prime investment opportunity in the heart of Southport, NC. Well appointed 4-unit retail building For Sale. This property is fully leased to well-established, long-term tenants, ensuring a stable income stream. Located on Southport's main artery, the property benefits from high visibility and easy accessibility with approximately 246 ft. of road frontage. Ideal opportunity for investors seeking a lucrative venture in the retail sector.

Located on Southport's main artery, the property benefits from high visibility and easy accessibility with approximately 246 ft. of road frontage. Ideal opportunity for investors seeking a lucrative venture in the retail sector.


Year Built: 2004
Building Size: 7364sq ft
Lot Size: 0.88 acres

Map of 5177 Southport-Supply Road Southeast, Southport, NC, 28461

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.