Catylist ID: #30677584
Retailer Anchored Multi Tenant Investment Property
Retail-Commercial for Sale
|Catylist Listing ID:||30677584|
|Property Subtypes:||Free-Standing Building, Mixed Use, Street Retail, Vehicle Related|
|Building Size (RSF):||34,600 SF|
|Gross Land Area:||2.22 Acres|
|Unit Price:||$68.62 PSF|
|Property Use Type:||Net Leased Investment (NNN), Investment|
|Usable Size (USF):||34,600 SF|
|Sale Terms:||Cash to Seller|
|Average Occupancy Rate:||80|
Overview / Comments
This 34,600 sf building located along Lejune Blvd / Highway 24 is a three unit building, one of which are leased at present. (Call for more information on leases, financials and maintenance history.) With the major tenant being a furniture retailer, and two vacancies this investment opportunity provides upside immediately.
Located in-between two of Camp Lejunes Entrances (From the corner of Western Blvd and 24 as well as Corbin Street and 24) this opportunity sits one lot from the intersection of Corbin Street and Highway 24. Highway 24 is a major road that heads to Moorhead City/Carteret County.
The rear of the property is accessible from Liberty Street and has a shared parking field for employees of the current tenants. The 7,000 sf is listed for lease at $7.00 gross which would add a net of $28,000.00 after NNN reimbursement as upside.
Our current offering DOES NOT ACCOUNT FOR POTENTIAL INCOME meaning that we are based on Actual NOI, therefore once leased this investment CAP will rise accordingly.
Landlord and Tenants are working to secure some extra term to provide a new owner with long term leases in place.
For further information on the property please contact us.
|Taxing Authority:||Onslow County / Jacksonville|
|Retail Clientele:||General, Family, Business, Traveler, Tourist, Recreation|
|Property Located Between:||Western Blvd and Corbin Streets. Property is on Highway 24.|
|Largest Nearby Street:||Highway 24|
|Feet of Frontage:||199|
|Highway Access:||Direct Right in Right out Traffic flow on Highway 24.|
|Site Description:||34,600 sf building on 2.2 acres property is improved.|
|Area Description:||Jacksonville NC, Camp Lejune Out Side the Gate Submarket.|
|Total Number of Buildings:||1|
|Number of Stories:||1|
|Typical SF / Floor:||34,600 SF|
|Parking Description:||Open Parking area in rear accessed from liberty street to serve rear unit and existing tenants employees. Front Parking area has 20 +/- spots for retail cliental.|
|Proximity:||1 mile||3 miles||5 miles|
Nicholas SilivanchEastern Carolinas Commercial Real Estate NCCMLS Member
Kelly SilivanchEastern Carolinas Commercial Real Estate NCCMLS Member
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