The Overland Group Acquires Satterfield Landing Shopping Center In Nags Head For $7.3M

The Satterfield Landing Shopping Center, located at 2210 South Croatan Highway in Nags Head, NC, has been sold for $7.3 million. The retail asset spans 6.22 acres and has a total square footage of 49,897. The property is currently fully leased to tenants including TJ Maxx, Staples, and OBX Martial Arts.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $7,300,000
• Square Footage: 49,897
• Price Per Square Foot: $146
• Address: 2210 South Croatan Highway
• Market: Nags Head, NC
• Buyer: The Overland Group
• Seller: Satterfield Landing, LLC
• Broker: Clark Simpson - Cushman & Wakefield

The transaction was managed by Clark Simpson from Cushman & Wakefield, representing the interests of the buyer, The Overland Group, and the seller, Satterfield Landing, LLC, ensuring the closing of the deal based on the established terms.