1701 N Church St • Burlington, NC 27217

Year Purchased: 2020
Purchase Amount: $1,815,000.00
Equity: $902,000.00

Stratford Plaza was purchased in January 2020 and is a 20,250 square foot multi-tenant retail center located along a busy stretch of Business 70 in Burlington, NC. Built in 2005, the center has excellent visibility and enjoys easy ingress and egress from both directions of N. Church St (Business 70). It is directly across the street from a major redevelopment effort for the County. With a diverse tenant base, below market rents, and weighted average tenant tenure of over 3 years, Stratford Plaza offered our investors the prospect of current cash flow stability combined with upside from future leasing and planned rent increases.