Jacob Baruch Of Legacy Realty Group Advisors Represents Buyer And Seller In $6M Burgaw Retail Sale

The property involved in this transaction is a retail asset located at 602 US Route 117, Burgaw, NC. The shopping center, known as Pender Landing, spans 59,122 square feet and was sold for $6,000,000, yielding a price per square foot of $101. It is anchored by Food Lion, indicating its significant appeal in the local market.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $6,000,000
• Address: 602 US Route 117
• Market: Burgaw, NC
• Square Footage: 59,122
• Price per Square Foot: $101
• Broker: Jacob Baruch - Legacy Realty Group Advisors

Jacob Baruch, representing Legacy Realty Group Advisors, facilitated the off-market deal, acting on behalf of both the buyer and the seller for this transaction. The involvement of a single broker for both parties showcases a streamlined process in the transaction’s execution.