Neighborhood retail center sells for $2,500,000

Raleigh, NC & Greenville, SC – Avison Young announced today that it has brokered a sale of a 32,419-square-foot (sf) neighborhood shopping center located at 544-580 Huffman Mill Road, Burlington, North Carolina.

The Avison Young sales team of Gary Lyons, Principal and Bill Aucoin, Vice President were pleased to have exclusively represented the seller Cora, LLC. The center was purchased by KMP LLC.

Huffman Mill Village is a 100% occupied retail center and Avison Young facilitated the sale of their two (2) property portfolio. The transaction included the well-known Village Café and the adjacent Huffman Mill Village properties.

“The Cora, LLC partners were a delight to work with as was Howard Hawks, NAI Piedmont Triad (buyer’s agent),” said Lyons. “The new ownership group (Huffman Mill Village, LLC) has acquired a couple of terrific properties in a high visibility location along the busy Huffman Mill corridor that should serve their investment interests well.”