Auction - REIT Sale | Tractor Supply + Former Big… — Sale in Whiteville, NC

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Whiteville, NC 28472

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Description

Register to Bid and Access Due Diligence Documents on RealINSIGHT Marketplace - https://rimarketplace.com/auction/3380/retail/whiteville/nc Brokered by Marcus & Millichap and powered by RealINSIGHT Marketplace, 26 Whites Crossing Plaza in Whiteville, North Carolina is a ±65,930 SF two-tenant retail asset on ±7.381 acres offered significantly below replacement cost, creating an exceptional opportunity for investors and owner-users to acquire a highly visible retail asset with existing cash flow and substantial lease-up and value-add potential at an attractive basis. The Property is ±39.18% occupied by Tractor Supply, which leases ±25,830 SF and provides more than $103,000 in in-place base rent, while the former Big Lots space offers ±40,100 SF of immediate lease-up potential. Built in 1988, the site includes 336 parking spaces, prominent signage, multiple access points, and visibility along US-701 Bypass and Love Mill Road, with combined traffic of approximately 20,489 VPD. The vacant suite features a large open sales floor and second-generation retail improvements suited for fitness, entertainment, furniture, showroom, service, or specialty concepts. Additional upside may be available through potential outparcel development. B-3, General Business zoning, supports a broad range of retail, commercial, and service uses, while nearby Walmart, Lowe’s, Food Lion, Harbor Freight, and other national retailers reinforce the corridor’s established draw. Investment Highlights: • STARTING BID $250,000 | REIT Sale | Tractor Supply + Former Big Lots | 39% Occupied | 8+ Yrs Lease Remaining | AUCTION OCTOBER 19-21 • Income-Producing Tractor Supply Tenancy - 2-Tenant Retail with Tractor Supply (8+ Yrs Lease Remain) & Former Big Lots | $103K In-Place Rent • ±40,100 SF Immediate Lease-Up Opportunity - Former Big Lots suite offers flexible buildout for fitness, furniture, showroom, or specialty users. • Expansive ±7.38-Acre Retail Site with Upside - 336 spaces, multiple access points,

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