Cleeman Realty Group is pleased to announce the $4,100,000 off-market sale of Morganton Center in Morganton, NC. The 51,000 SF center is anchored by a strong performing Food Lion supermarket. The property sits on 8.31 Acres and was 88% occupied at closing.
Jacob Baruch of Cleeman Realty Group, represented both the buyer and seller in the off-market transaction.
“The buyer was attracted to the strong sales volume at the store and the new 10-Year Food Lion lease” said Baruch.
Cleeman Realty Group is a full-service real estate advisory and investment group, specializing in the investment sales of retail, multifamily and industrial properties throughout the United States. The Cleeman team utilizes deeply rooted industry contacts to identify and evaluate off-market transactions with unparalleled efficiency. To sell your property or to inquire about our available acquisition opportunities, please contact one of our team members at www.cleeman.com