Kenly Square

Kenly Square | 406 S. Church Street, Kenly, NC 27542

Highlights

  • 34,829 SF Grocery Anchored Center.
  • Food Lion performs very well with 2024 sales of $17,043,367 ($653 PSF – 1.17% Rent/Sales), a 4.21% increase from 2023 sales ($16,326,234 – $682 PSF).
  • Ownership recently finalized a 10-year lease extension with Food Lion bringing their current term to 12/31/2034. As part of the extension, ownership repaved the entire parking lot, built a new retaining wall, and painted the side and rear of Food Lion’s building.
  • There is a +/- 3-acre outparcel included that is ideal for hotel, automotive, dealership, or other retail use.
  • Kenly Square offers prime I-95 visibility and access.

Deal Points

  • Square Feet: 34,829
  • Lot Size: 9.51 (+/-) acres
  • Anchor Tenant: Food Lion

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