Available

Scotland Crossing

1301 Scotland Crossing Dr, Laurinburg, NC 28352

145,423 SF

Total GLA

88%

Occupancy

$969,240

Existing NOI

15.73 AC

Land Size

Property Overview

Overview

Scotland Crossing is a 145,423 SF grocery-anchored shopping center anchored by Food Lion, Five Below, Bealls, and Dollar General, with shadow anchors Belk and Hobby Lobby reinforcing its role as the primary retail destination in Laurinburg, NC. Located at the intersection of I-74 and McColl Road, the center is 88% occupied with clear value-add upside across seven vacant suites.

Property Details

Property Highlights

Address	1301 Scotland Crossing Dr, Laurinburg, NC 28352
Year Built	1989 \| 1995
Total GLA	145,423 SF
Total Land Size	±15.73 Acres
Occupancy	88%
Existing NOI	$969,240
Financing	Free & Clear

Why This Deal

Investment Highlights

National Tenant Roster Anchors

Anchored by Food Lion, Five Below, Bealls, and Dollar General, with national shop tenants including Citi Trends (the chain's #1 performing store), Hibbett Sports, CATO, and Bath & Body Works.

Dominant Grocery Anchor

Food Lion has operated at the center for over 37 years and ranks #1 of 17 grocery stores within a 15-mile radius.

Value-Add Opportunity

Currently 88% occupied with seven vacant suites; leasing at conservative rates would generate over $249K in additional annual cash flow.

Redevelopment Control

The Belk parcel REA expires in 2029, after which it converts to one-year renewal terms with landlord repurchase rights if the store closes for more than six months.

Regional Retail Destination

Positioned at the intersection of I-74 (22K VPD) and McColl Road (15.6K VPD); approximately 73% of visitors travel more than ten miles to the property.