3900 & 4004 NC Hwy 105 • Banner Elk, NC 28646

Year Purchased: 2022
Purchase Amount: $4,200,000.00
Equity: $1,743,000.00

Grandfather Center was purchased in April 2022 and is a 37,438 square foot multi-tenant neighborhood shopping center located in Banner Elk, NC. Built in 2000-2002, the property is shadow-anchored by a Lowe’s Food grocery store, and boasts a strong group of e-commerce resistant tenants, including several popular restaurants and service providers. With a diverse tenant base and a desirable, high-traffic location, Grandfather Center has a proven operating history and was 100% occcupied at closing.