211 East 43rd – 7th Floor | New York, NY 10017 | 646-838-3000 | cleeman.com
ALTHOUGH ALL INFORMATION REGARDING PROPERT Y FOR SALE, RENTAL OR FINANCING IS FROM SOURCES DEEMED RELIABLE SUCH INFORMATION HAS NOT BEE N VERIFIED, AND NO EXPRESS REPRESENTATION IS MADE NOR IS ANY TO BE
IMPLIED AS TO THE ACCURACY THEREOF, AND IT IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, PRIOR SALE, LEASE OR FINANCING, OR WITHDRAWAL WITHOUT NOTICE.
Carlie C's Portfolio Summary FlyerPurchase Price:
$10,265,600
(10.00% CAP)
Total Square Footage:
229,931 SF
Total Properties:
Three
For f urther inf ormation contact:
Michael Cleeman, President
646.693.0936
Occupancy:
92%
Broker of Record: Income
Properties of Raleigh Inc
(NC License #52915)
Investment Type:
Grocery Anchored Portfolio For Sale
Anchor Tenant:
Carlie C's
Exclusive Offering
Executive SummaryCarlie C's Portfolio
Name Anchor Tenants Address City, State NOI Occupancy Leasable Area
1. Jordan Plaza Carlie C's, Citi Trends 332 Northeast Blvd Clinton, NC $642,399 90% 111,903 SF
2. Lakewood Plaza Carlie C's, Roses Express 315 NC-24 Roseboro, NC $151,706 89% 56,823 SF
3. Shamrock Plaza Carlie C's (x2) 1111 Sunset Ave Clinton, NC $232,455 100% 61,205 SF
Totals: $1,026,560 92% 229,931 SF
CRG Exclusive Offering
1. Jordan Plaza
2. Lakewood Plaza
3. Shamrock Plaza
3. Free-standing Carlie C's (part of Shamrock Plaza)
Tenant OverviewCarlie C's Portfolio
4
Founded: 1961
Headquarters: Dunn, North Carolina
Store Locations: 25 (+/-)
Website: ww.carliecs.com
Carlie C’s:
Founded in 1961, Carlie C's is an IGA grocery store chain headquartered in Dunn, North Carolina, and is the largest of its kind in the state. As of May 2017, the chain had 25 locations in the Raleigh-Fayetteville region of the state. Its stores offer various food, beverage, and meat products, as well as other grocery items. The company’s stores also feature restaurants, pharmacies, digital photo labs, seafood departments, and organic and ethnic food sections. In addition, it sells and rents gas grills for large cookouts and church gatherings.
Property Photos
10
Jordan Plaza
Property PhotosLakewood Plaza
19
*Pre Carlie C’s transformation
*Pre Carlie C’s transformation
*Pre Carlie C’s transformation
Lakewood Plaza
Property PhotosShamrock Plaza
26
Property PhotosShamrock Plaza
27
College Street(Part of Shamrock Plaza entity)
*Pre Carlie C’s transformation
Carlie C's PortfolioOffering-Memorandum
211 East 43rd – 7th Floor | New York, NY 10017 | 646-838-3000 | cleeman.com
ALTHOUGH ALL INFORMATION REGARDING PROPERT Y FOR SALE, RENTAL OR FINANCING IS FROM SOURCES DEEMED RELIABLE SUCH INFORMATION HAS NOT BEE N VERIFIED, AND NO EXPRESS REPRESENTATION IS MADE NOR IS ANY TO BE
IMPLIED AS TO THE ACCURACY THEREOF, AND IT IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, PRIOR SALE, LEASE OR FINANCING, OR WITHDRAWAL WITHOUT NOTICE.
Michael Cleeman, President
646-693-0936
Broker of Record: Income
Properties of Raleigh Inc
(NC License #52915) Exclusive Offering
For further information contact: