1909 S NC HWY 119 • Mebane, NC 27302

Year Purchased: 2018
Purchase Amount: $3,315,000.00
Equity: $950,000.00

Mebane Ridge Shopping Center was purchased in July 2018 and is a 24,000 square foot multi-tenant neighborhood shopping center located in Mebane, NC (located between Chapel Hill and Greensboro). Built in 2007, the property boasts a strong group of e-commerce-resistant tenants. With a diverse tenant base and a desirable, high-traffic location, Mebane Ridge was 100% occupied at closing, and offered our investors the prospect of current cash flow stability combined with upside from future leasing and planned rent increases.