1249 Hargett Street

Shopping Center for Sale
Catylist Listing ID: 29900558
Property Subtypes: Neighborhood Center, Regional Mall, Strip Center
Building Size (RSF): 76,579 SF
Gross Land Area: 6.70 Acres
Sale Price: $2,750,000
Unit Price: $35.91 PSF
In Opportunity Zone? Yes
Property Use Type: Investment
Building Name: New River Shopping Center
Usable Size (USF): 76,579 SF
Sale Terms: Cash to Seller, Other
Cap Rate: 9.0%
Last Updated: 9/21/2021

Overview / Comments

Located near the heart of this fast growing city, the New River Shopping Center boasts over 70,000 square feet of rental space anchored by Finders Keepers Thrift Store, Labor Finders and the ZECA School of the Arts. This center offers a solid income base with upside potential.

Additional Details

Nearest MSA: Jacksonville
County: Onslow
Tax ID/APN: 43760785347
Zoning: CONDITIONAL CORRIDOR COMMERCIAL (CC-C)
Largest Nearby Street: Hargett Street
Feet of Frontage: 585
Site Description: IN CITY LIMITS: Yes
Number of Stories: 1
Year Built: 1954
Heat Type: Electricity
Heat Source: Central
Zoning Description: Conditional Corridor Commercial (CC-C)
Lot Frontage: 585'
Lot Depth: 495'
Water Service: Municipal
Sewer Type: Municipal
Easements Description: Deeded cross easements over all driveways and parking areas

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,325 46,288 86,050
Median Age: 27.68 27.84 26.82
Households: 2,111 15,509 29,934
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