311 Main - Storefront FOR SALE


Havelock, NC 28532
$3,100,000 USD
910-344-1008
311 Main, Havelock, NC for Sale
$3,100,000 USD
Storefront - FOR SALE
1/2
null | 7.7% Cap Rate

311 Main
Havelock, NC 28532


HIGHLIGHTS

  • 96.5% occupied, multi-tenanted with a mix of local and national tenants
  • Located off US Hwy 70 with a traffic county of 30,000 VHPD
  • Less than 1 mile from MCAS Cherry Point and 19 miles to Atlantic Beach

OVERVIEW

Cape Fear Commercial is pleased to present this offering for the Havelock Shopping Center, a stabilized inline shopping center located on HWY-70 situated less than a mile from Marine Corps air station Cherry Point. Located along the US Highway 70 corridor, Havelock serves as a key commercial hub between New Bern and Morehead City, offering strong traffic exposure and strategic regional access. The site will also benefit from the 10-Mile U.S. 70 Bypass (est. completion date Summer), improving freight and traffic flow toward Morehead City & Raleigh. Havelock is home to Marine Corps Air Station Cherry Point, one of the largest employers in Eastern North Carolina, driving consistent demand for retail, housing, and services. The base, including Fleet Readiness Center East, generated a total economic impact of about $2.64?billion in 2024

FOR SALE DETAILS

PRICE

$3,100,000 USD

PRICE/SF

$68 USD /SF

CAP RATE

7.7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Havelock Shopping Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1963

SPRINKLERS

-

PARKING SPACES

175

LAND DETAILS

LAND ACRES

4.94 AC

LAND SF

215,186 SF

ZONING

Highway Commercial

APN/PARCEL ID

6-053-019

ASK ABOUT THIS PROPERTY

Paul LoukasCape Fear CommercialMore Info
910-344-1008

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Paul LoukasCape Fear CommercialMore Info
910-344-1008

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.