Conyers Investor Acquires Tractor Supply Property In Castle Hayne For $6.98M With Calvin Short As Seller's Rep
North Carolina
See Similar DealsConyers Investor Acquires Tractor Supply Property In Castle Hayne For $6.98M With Calvin Short As Seller's Rep
3400 Castle Hayne Road
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The asset involved in this transaction is a retail property located at 3400 Castle Hayne Road in Castle Hayne, NC. The property spans 11.5 acres and has a square footage of 21,930. The sale was completed for a price of $6,980,000, resulting in a price per square foot of $318.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $6,980,000
- Square Footage: 21,930
- Acres: 11.5
- Address: 3400 Castle Hayne Road
- Market: Castle Hayne, NC
- Buyer's Representative: Pierce Mayson - Matthews
- Seller's Representative: Calvin Short - SRS Real Estate Partners
The sale involved a 14-year corporate-guaranteed lease for the property. The seller was a developer based in Pinehurst, NC, while the buyer was a private investor from Conyers, GA, who acquired the asset through a 1031 exchange.
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