472 Western Blvd - Storefront Retail/Office FOR SALE


Jacksonville, NC 28546
$1,600,000 USD
910-915-6652
472 Western Blvd, Jacksonville, NC for Sale
$1,600,000 USD
Storefront Retail/Office - FOR SALE
1/3
null | 5.5% Cap Rate

472 Western Blvd
Jacksonville, NC 28546


HIGHLIGHTS

  • High Traffic Counts
  • Near Traffic Signal
  • Multiple Access Available

OVERVIEW

Positioned along one of Jacksonville’s busiest and most established commercial corridors, 472 Western Boulevard presents an excellent opportunity to acquire an approximately 8,500-square-foot, five-unit shopping center with strong visibility, convenient access, and an established tenant base. The center consists of five commercial units, including three long-term tenants, providing an attractive foundation of existing tenancy while offering additional upside potential. Its location near a major traffic signal provides excellent exposure and convenient ingress and egress along Western Boulevard, one of Jacksonville’s primary retail and business thoroughfares. The property is surrounded by a dense concentration of national retailers, restaurants, service businesses, and lodging, including Home Depot, Discount Tire, Applebee’s, Motel 6, T-Mobile, and Food Lion. This established commercial environment generates consistent daily traffic and makes the center well positioned for continued retail, service, office, and commercial use. With approximately 8,500 square feet across five units, an established tenant history, excellent Western Boulevard visibility, and a location in the heart of Jacksonville’s primary commercial district, 472 Western Boulevard offers investors the opportunity to acquire a well-located neighborhood shopping center with both existing income and future value-add potential.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$115 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Western Retail Shopping Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Restaurant, Storefront, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1.32 AC

LAND SF

57,499 SF

ZONING

CC

APN/PARCEL ID

021993

ASK ABOUT THIS PROPERTY

Brock GossColdwell Banker Sea Coast AdvantageMore Info
910-915-6652

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Brock GossColdwell Banker Sea Coast AdvantageMore Info
910-915-6652

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