3553 M L King Jr Blvd - Freestanding FOR SALE
New Bern, NC 28562 |
3553 M L King Jr Blvd
New Bern, NC 28562
HIGHLIGHTS
- 6 National Credit Tenants / Corp. Executed Leases: Hobby Lobby, Academy Sports + Outdoors, Ross Dress For Less, Five Below, West Marine, ULTA Beauty
- Long Term Leases | Ease of Management + 100% Leased / Coastal Trophy Asset
- Annual Rental Increases for all Tenants
- Very Attractive Interest Only (I/O) Loan Assumption at 4.99% Interest Rate
- 6% Cash on Cash Return / $15.5M Down Payment
- Co-Anchored With Harris Teeter Supermarket and Home Goods
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Ross/ULTA/Hobby Lobby/Academy Sports
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
undefined, Restaurant, Supermarket
TOTAL BUILDING SIZE
166834
STORIES
1
YEAR BUILT
2018
SPRINKLERS
-
PARKING SPACES
295
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
8-208-006
